Euro area broad monetary aggregate M3 increased to 3.9% in April

Market news

29 May 2018

Euro area broad monetary aggregate M3 increased to 3.9% in April

• The annual growth rate of the broad monetary aggregate M3 increased to 3.9% in April 2018, from 3.7% in March.

• The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, decreased to 7.0% in April, from 7.5% in March.

• The annual growth rate of adjusted loans to households stood at 2.9% in April, unchanged from the previous month.

• The annual growth rate of adjusted loans to non-financial corporations stood at 3.3% in April, unchanged from the previous month.

Italian President Sergio Mattarella refused to appoint a populist government with a euro-sceptic finance minister at the front of it, leading to possible further elections later this year

Eurozone: Private Loans, Y/Y, April 2.9% (forecast 3.2%)

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.