Eurozone's M3 Money Supply for May exceeded expectations, growing by 1.6% year-on-year, surpassing the forecast of 1.5%. Loans to Non-Financial Corporations remained stable at 0.3%. The growth rate of broad monetary aggregate M3 increased to 1.6% in May from 1.3% in April.
🇪🇺 Europe M3 Money Supply (May) $EUR Actual: 16,267.6B Previous: 16,206.4B
ECB: Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -4.9% in May, compared with -5.9% in April. #Euro
EUROZONE MONEY-M3 ANNUAL GROWTH https://t.co/GlHIVY24cX
ECB: Annual growth rate of broad monetary aggregate M3 increased to 1.6% in May 2024 from 1.3% in April #Euro
Eurozone M3 Money Supply (Y/Y) May: 1.6% (est 1.5%; prev 1.3%)
EUROZONE MONEY-M3 ANNUAL GROWTH ACTUAL 1.6% (FORECAST 1.5%, PREVIOUS 1.3%) $MACRO
🇪🇺 Europe M3 Money Supply (YoY) (May) $EUR Actual: 1.6% 🟢 Expected: 1.5% Previous: 1.3%
🇪🇺 Europe Loans to Non Financial Corporations (May) $EUR Actual: 0.3% Previous: 0.3%
Eurozone May M3 money supply +1.6% vs +1.5% y/y expected https://t.co/2ZB3dqPKy4