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Eurozone October M3 money supply -1.0% vs -0.9% y/y expected

Eurozone October M3 money supply -1.0% vs -0.9% y/y expected

News
Justin Low
28/11/2023 | 09:00 GMT
  • Latest data released by the ECB - 28 November 2023
  • Prior -1.2%

Broad money growth in the euro area shrinks as expected, amid tighter financial conditions. The trend should continue and keep some pressure on the ECB as the economy will also slow down as a result.

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