Euro area M3 money supply rose 5.1% in September

Market news

26 October 2017

Euro area M3 money supply rose 5.1% in September

The annual growth rate of the broad monetary aggregate M3 stood at 5.1% in September 2017, after 5.0% in August 2017.
The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, increased to 9.7% in September, from 9.5% in August.
The annual growth rate of adjusted loans to households stood at 2.7% in September, unchanged from the previous month.
The annual growth rate of adjusted loans to non-financial corporations stood at 2.5% in September, compared with 2.4% in August.

Norway Central Bank has decided to keep the key policy rate unchanged at 0.50 percent

Eurozone: Private Loans, Y/Y, September 2.7% (forecast 2.9%)

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