January 02, 2025 at 09:00AM
Prior +3.4%
Broad money growth expanded quite decently in November compared to the same period a year ago, up from the 3.4% year-on-year estimate in October. Looking at the details, adjusted loans to households also grew to 0.9% but adjusted loans to non-financial corporations did ease to 1.0% on the month.
This article was written by Justin Low at www.forexlive.com.
Eurozone November M3 money supply 3.8% vs 3.5% y/y expected