| ECB-Monetary developments in the euro area: February 2024
March 28, 2024-Annual growth rate of broad monetary aggregate M3 increased to 0.4% in February 2024 from 0.1% in January
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Annual growth rate of adjusted loans to households stood at 0.3% in February, unchanged from previous month Annual growth rate of adjusted loans to non-financial corporations increased to 0.4% in February from 0.2% in January Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 increased to 0.4% in February 2024 from 0.1% in January, averaging 0.2% in the three months up to February. 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, was -7.7% in February, compared with-8.6% in January. |