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Monetary developments in the euro area: May 2021

From ecb.europa.eu

Annual growth rate of broad monetary aggregate M3 decreased to 8.4% in May 2021 from 9.2% in April. Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 11.6% in May from 12.3% in April. Annual growth rate of adjusted loans to households stood at 3.9% in May, compared with 3.8% in April. Annual growth rate of adjusted loans to non-financial corporations decreased to 1.9% in May from 3.2% in April. The annual growth rate of the broad monetary aggregate M3 decreased to 8.4% in May 2021 from 9.2% in April, averaging 9.2% in the three months up to ... (full story)

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