29 Jan 2014
EMU: M3 Money Supply up 1.3% in December
FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 1.3% in the three months to December, following a 1.6% rise in the three months to November, according to the ECB official data.
On an annual basis M3 Money supply grew 1% in December, down from the 1.5% rise registered the previous month and below forecasts of a 1.7% increase.
Year-over-year Private loans fell 2.3%, after dropping 2.3%.
On an annual basis M3 Money supply grew 1% in December, down from the 1.5% rise registered the previous month and below forecasts of a 1.7% increase.
Year-over-year Private loans fell 2.3%, after dropping 2.3%.