Eurozone July M3 money supply +4.0% vs +4.3% y/y expected

Latest data released by the ECB - 28 August 2018

  • Prior +4.4%

Slight delay in the release by the source. Of note, household lending grew to 3.0% year-on-year from 2.9% in June while corporate lending held steady at 4.1% growth annually. Broad money tightened a little but nothing notable in particular.

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