27 Jun 2013
EMU: M3 Money Supply up 2.9% in May
FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 2.9% in the three months to May, following a 2.9% rise in the three months to April, according to the ECB official data.
On an annual basis M3 Money supply grew 2.9% in May, down from the 3.2% rise registered the previous month, as projected.
Year-over-year Private loans fell 1.1%, after dropping 0.9%, below expectations of -1.1%.
On an annual basis M3 Money supply grew 2.9% in May, down from the 3.2% rise registered the previous month, as projected.
Year-over-year Private loans fell 1.1%, after dropping 0.9%, below expectations of -1.1%.