Eurozone December M3 money supply +4.1% vs +4.6% y/y expected

  • Latest data released by the ECB - 27 January 2023
  • Prior +4.8%

Of note, corporate lending growth falls to just 6.3% y/y from 8.4% y/y previously in November, as rising rates and recession risks appear to be taking a toll on credit conditions in the euro area.

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