Monetary and Liquidity Aggregates for July 2011 □ The year - on - year rate of growth of Narrow Money ( M 1 , periodaverage ) decreased to 3 . 8 % in July 2011 , from 5 . 4 % in June . ― The pace of increase in transferable savings deposits slowed due mostly to value added tax payments . □ Year - on - year Broad Money growth ( M 2 , period - average ) increased from 3 . 0 % the previous month to 3 . 2 %.― This was attributable mainly to the rise in year - on - year growth of claims on nonfinancial corporations ( 2 . 8 % → 3 . 9 %, period - end ) □ The year - on - year rate of expansion in the Liquidity of Financial Institutions ( Lf , period - average ) increased to 4 . 6 %, from July ’ s 4 . 1 %. ― This was due to the rise in the rate of growth of M 2 and to the pickup in the pace of increase for example in financial instruments above 2 years ( 1 . 8 % → 5 . 3 %).□ The year - on - year growth of Liquidity ( L , period - end ) increased to 9 . 0 % in July , from 8 . 1 % in June . ― This was attributable mainly to the rise in year - on - year growth of M 2 ( 2 . 9 % → 4 . 2 %, period - end ) and Lf ( 4 . 1 % → 5 . 3 %, period - end ) . 1 . Monetary Aggregates 1 . 1 Period - average 1 . 2 Period - end 2 . Liquidity Aggregates 3 . Monetary Aggregates by Components 3 . 1 Period - average 3 . 2 Period - end 4 . Liquidity Aggregates by Components [ Source : The Bank of Korea ] ▶ [ 화보 ] 김하늘 , 수영복 몸매 화제 ` 늘씬 하 네 ~`▶ 기아차 , 신형 프라이드 성능 보 니 " 와우 ! "▶ 최준희 , 12 주 만 에 80 kg 감량 화제 ▶ 써니 , “ 내게 집착 하 던 남자 연예인 있 다 ” ▶ [ 포토 ] 백지영 - 정석원 ` 커플 룩 ` 동반 출국 [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]