26 Sep 2013
EMU: M3 Money Supply up 2.3% in August
FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 2.3% in the three months to August, following a 2.2% rise in the three months to July, according to the ECB official data.
On an annual basis M3 Money supply grew 2.3% in August, slightly up from the 2.2% rise registered the previous month and above forecasts of another 2.2% increase.
Year-over-year Private loans fell 2%, after dropping 1.9%, as expected.
On an annual basis M3 Money supply grew 2.3% in August, slightly up from the 2.2% rise registered the previous month and above forecasts of another 2.2% increase.
Year-over-year Private loans fell 2%, after dropping 1.9%, as expected.