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Monetary developments in the euro area: July 2018
Annual growth rate of broad monetary aggregate M3 decreased to 4.0% in July 2018 from 4.5% in June (revised from 4.4%) Annual growth rate of narrower aggregate M1, comprising currency in circulation and overnight deposits, decreased to 6.9% in July from 7.5% in June Annual growth rate of adjusted loans to households stood at 3.0% in July, unchanged from previous month Annual growth rate of adjusted loans to non-financial corporations stood at 4.1% in July, unchanged from previous monthThe annual growth rate of the broad monetary aggregate M3 decreased to 4.0% in July 2018 from 4.5% in June, averaging 4.1% in the ... (full story)