• Euro area monetary aggregate M3 increased to 5.0% in December

Market news

27 January 2017

Euro area monetary aggregate M3 increased to 5.0% in December

The annual growth rate of the broad monetary aggregate M3 increased to 5.0% in December 2016, from 4.8% in November.

• The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, increased to 8.8% in December, from 8.5% in November.

• The annual growth rate of adjusted loans to households stood at 2.0% in December, compared with 1.9% in November.

• The annual growth rate of adjusted loans to non-financial corporations increased to 2.3% in December, from 2.1% in November.

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