- Analytics
- News and Tools
- Market News
- Eurozone money supply growth slows in July
Eurozone money supply growth slows in July
Eurozone's M3 money supply growth slowed in July, while credit to private sector declined from last year, data from the European Central Bank showed Wednesday.
The broad monetary aggregate grew 2.2 percent annually in July, slowing from 2.4 percent increase in June. Economists expected an increase of 2.4 percent.
M1 money supply increased 7.1 percent annually in July, moderating from 7.5 percent growth recorded a month earlier.
In May-July period, M3 money supply rose 2.5 percent compared to the same period last year, while M1 rose 7.7 percent.
Loans to private sector declined 1.9 percent year-on-year in July, faster than a 1.6 percent decrease in June.
The annual growth rate of loans to households stood at 0.1 percent in July compared with no growth in June. Lending for house purchase, the most important component of household loans, increased 0.7 percent year-on-year.
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
