ECB-Monetary developments in the euro area: April 2024

May 29, 2024-Annual growth rate of broad monetary aggregate M3 increased to 1.3% in April 2024 from 0.9% in March
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -6.0% in April, compared with -6.6% in March
Annual growth rate of adjusted loans to households stood at 0.2% in April, unchanged from previous month

Annual growth rate of adjusted loans to non-financial corporations stood at 0.3% in April, compared with 0.4% in March

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Components of the broad monetary aggregate M3

The annual growth rate of the broad monetary aggregate M3 increased to 1.3% in April 2024 from 0.9% in March, averaging 0.8% in the three months up to April. 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 -6.0% in April, compared with -6.6% in March.

ESAs warn of risks from economic and geopolitical events

September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties.