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Monetary developments in the euro area: June 2024
Annual growth rate of broad monetary aggregate M3 increased to 2.2% in June 2024 from 1.5% in May (revised from 1.6%). Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -3.4% in June, compared with -5.0% in May. Annual growth rate of adjusted loans to households stood at 0.3% in June, unchanged from previous month. Annual growth rate of adjusted loans to non-financial corporations increased to 0.7% in June from 0.3% in May. The annual growth rate of the broad monetary aggregate M3 increased to 2.2% in June 2024 from 1.5% in May, averaging 1.7% in the ... (full story)
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- Posted: Jul 25, 2024 4:02am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,453
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