Eurozone April M3 money supply +8.3% vs +8.2% y/y expected

Latest data released by the ECB - 29 May 2020

Broad money is seen swelling in April amid the injection of liquidity to combat the coronavirus crisis, with credit to the private sector and general government seen increasing notably. Also, loans to the private sector and non-financial corporations continue to stay elevated - especially the latter, which is seen at nearly +7% year-on-year.

investingLive Premium
Telegram Community
Gain Access