Recent trends in Uganda's money growth end July

 PROVISIONAL MONEY SUPPLY UPDATE. 

#UgandaWatch: Uganda’s inflation came in at 4.1%/yr in August, rising from 4.0%/yr in July. 

M3 Broad money growth in July slightly rose by 16.1%/yr, up from 16.0%/yr measured in June. M3 broad money growth is well above Okware’s Optimal Growth Rate (OGR) of 11.4%/yr +/-2 consistent with BOU 5%/yr medium target.