Eurozone December M3 money supply +0.1% vs -0.9% y/y prior

Annual broad money growth reflected a marginal increase at the end of last year with the annual rate for loans to households seen decreasing by 0.3% and loans to non-financial firms increasing by 0.4%. The narrower aggregate M1 showed a decline of 8.5%, mostly reflecting the tighter conditions set up by the ECB.