Eurozone: monetary aggregate M3 growth slows in January

Market news

27 February 2019

Eurozone: monetary aggregate M3 growth slows in January

Annual growth rate of broad monetary aggregate M3 decreased to 3.8% in January 2019 from 4.1% in December 2018. Economists had expected a 4.0% increase
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 6.2% in January from 6.6% in December
Annual growth rate of adjusted loans to households stood at 3.2% in January, unchanged from previous month
Annual growth rate of adjusted loans to non-financial corporations decreased to 3.3% in January from 3.9% in December

Italy consumer and business confidence worsened in February

Eurozone: M3 money supply, adjusted y/y, January 3.8% (forecast 4%)

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