- M3 money supply in the Eurozone rises 4.6% in April from last year
Market news
31 May 2016
M3 money supply in the Eurozone rises 4.6% in April from last year
The European Central Bank (ECB) released its M3 money supply figures on Tuesday. M3 money supply rose 4.6% in April from last year, missing expectations for a 5.0% gain, after a 5.0 % increase in March.
Loans to the private sector in the Eurozone climbed 1.5% in April from the last year, in line with expectations, after a 1.6% gain in March.
Total credit to euro area residents increased to 3.3% year-on-year in April from 3.1% in March.
Loans to non-financial corporations rose to 1.2% year-on-year in April from 1.1% in March.
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