N.Z. MONEY SUPPLY RISES 2.4 PCT IN JANUARY

  New Zealand's broadly defined,
  seasonally adjusted M-3 money supply grew an estimated 2.4 pct
  in January against a 3.4 pct (revised from 3.6) rise in
  December and a 0.7 pct rise in January 1986.
      It said unadjusted M-3 increased to an estimated 30.13
  billion N.Z. Dlrs from 30.08 (revised from 30.06) billion in
  December and 25.18 billion in January 1986.
      Year-on-year M-3 rose 19.66 pct in January from 17.80 pct
  (revised from 17.77) in December and 20.10 pct in January 1986.
      Narrowly defined year-on-year M-1 growth was 21.94 pct in
  January against 15.89 pct in December and 14.10 pct a year
  earlier.
      M-1 grew to an estimated 4.72 billion dlrs against 5.03
  billion in December and 3.87 billion in January 1986.
      Year-on-year private sector credit, PSC, grew 31.07 pct in
  January against 30.64 pct (revised from 30.68) in December and
  21.40 pct in January 1986. PSC grew to 22.69 billion dlrs from
  22.24 billion in December and 17.31 billion in January 1986.
  

