Euro area M3 money supply lower than expected in February

Market news

27 March 2018

Euro area M3 money supply lower than expected in February

The annual growth rate of the broad monetary aggregate M3 decreased to 4.2% in February 2018, from 4.5% in January (revised from 4.6%).
The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, decreased to 8.4% in February, from 8.8% in January.
The annual growth rate of adjusted loans to households stood at 2.9% in February, unchanged from the previous month.
The annual growth rate of adjusted loans to non-financial corporations decreased to 3.1% in February, from 3.4% in January.

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