Europe ETP News
you are currently viewing:ECB-Monetary developments in the euro area: March 2025April 29, 2025--Annual growth rate of broad monetary aggregate M3 decreased to 3.6% in March 2025 from 3.9% in February (revised from 4.0%)
Annual growth rate of adjusted loans to non-financial corporations increased to 2.3% in March from 2.1% in February (revised from 2.2%) Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 decreased to 3.6% in March 2025 from 3.9% in February, averaging 3.7% in the three months up to March. 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, increased to 3.8% in March from 3.4% in February. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) decreased to 1.5% in March from 2.0% in February. The annual growth rate of marketable instruments (M3-M2) decreased to 11.3% in March from 18.0% in February. Source: ECB |
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