According to rttnews, the monetary base in Japan surged 24.2 percent on year in August, the Bank of Japan said on Friday - coming in at 400.998 trillion yen.

That's down from 24.7 percent in July, and it marks the slowest rate of growth in more than a year.

Banknotes in circulation added an annual 5.7 percent, while coins in circulation gained 1.1 percent.

Current account balances spiked 32.0 percent, including a 30.9 percent jump in reserve account balances.

The adjusted monetary base climbed 28.3 percent to 400.793 trillion yen.