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Monetary developments in the euro area: September 2016
The annual growth rate of the broad monetary aggregate M3 stood at 5.0% in September 2016, after 5.1% in August 2016. • The annual growth rate of the narrower aggregate M1, which includes currency in circulation and overnight deposits, decreased to 8.5% in September, from 8.9% in August. • The annual growth rate of adjusted loans to households stood at 1.8% in September, unchanged from the previous month. • The annual growth rate of adjusted loans to non-financial corporations stood at 1.9% in September, unchanged from the previous month. The annual growth rate of the broad monetary aggregate M3 stood at 5.0% ... (full story)