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Eurozone M3 Money Supply Falls, Bank Lending Remains Weak

Por: RTTNews Business November 28, 2023

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Eurozone money supply continued to fall and bank lending remained weak in October amid tight monetary policy, data published by the European Central Bank showed Tuesday. The monetary aggregate M3 declined 1.0 percent on a yearly basis in October after a 1.2 percent fall in September. This was the fourth consecutive fall. In three months to October, the annual growth rate of M3 averaged -1.2 percent. The narrow measure M1 posted an annual decline... + full article



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