23 September 2026, 11:52 Taiwan: M2 Money Supply Growth Slows in August.
Taiwan’s M2 money supply increased 6.79% year-on-year to a fresh record of TWD 70,678 billion in August 2026, easing from a 7.42% rise in the previous month. The slower growth was mainly due to weaker increases in foreign currency deposits and demand deposits. On a monthly basis, M2 rose 0.65%, while average M2 growth in the first eight months of the year stood at 6.62%. Meanwhile, lending and investment by all monetary institutions grew 9.43% year-on-year, accelerating from 9.08% in the previous month, mainly driven by stronger growth in claims on the private sector and public enterprises. Including lending and investment by life insurers and adjusting for bad-debt write-offs transferred by monetary institutions, the broader measure rose 7.69% year-on-year, up from 7.40% in the previous month.
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