| ECB-Monetary developments in the euro area: October 2023
November 28, 2023--Annual growth rate of broad monetary aggregate M3 was -1.0% in October 2023, compared with -1.2% in September
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| Annual growth rate of adjusted loans to non-financial corporations decreased to -0.3% in October from 0.2% in September Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 was -1.0% in October 2023, compared with -1.2% in September, averaging -1.2% in the three months up to October. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits' stood at -10.0% in October, compared with -9.9% in September |
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