According to the report from European Central Bank, annual growth rate of broad monetary aggregate M3 increased to 5.2% in January 2020 from 4.9% in December 2019 (revised from 5.0%). Economists had expected a 5.3% increase.

Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, stood at 7.9% in January, compared with 8.0% in December.

The annual growth rate of short-term deposits other than overnight deposits (M2-M1) decreased to -0.2% in January from 0.1% in December. The annual growth rate of marketable instruments (M3-M2) was -0.4% in January, compared with -7.9% in December.

Annual growth rate of adjusted loans to households stood at 3.7% in January, compared with 3.6% in December

Annual growth rate of adjusted loans to non-financial corporations stood at 3.2% in January, unchanged from previous month