• Eurozone: M3 money supply growth accelerated to 4.3% in February

Market news

28 March 2019

Eurozone: M3 money supply growth accelerated to 4.3% in February

According to the report from European Central Bank, annual growth rate of broad monetary aggregate M3 increased to 4.3% in February 2019 from 3.8% in January. Economists had expected a 3.9% increase

  • Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 6.6% in February from 6.2% in January

  • Annual growth rate of adjusted loans to households stood at 3.3% in February, compared with 3.2% in January

  • Annual growth rate of adjusted loans to non-financial corporations increased to 3.7% in February from 3.4% in January

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