Eurozone October M3 money supply +3.9% vs +3.5% y/y expected

Latest data released by the ECB - 28 November 2018

  • Prior +3.5%; revised to +3.6%

General gauge of broad money flows in the Eurozone economy. A bit of an uptick after some decline in recent months but nothing to suggest any material impact that broad money has on monetary and fiscal policy at the moment. Low-tier data.

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