EMU: M3 Money Supply expands 3% in April

May 29 • Forex News • 1828 Views • Comments Off on EMU: M3 Money Supply expands 3% in April

2013-05-29 08:18 GMT

The Eurozone M3 Money Supply increased 3% in the three months to April, following a 3% rise in the three months to March, according to the ECB official data. Analysts expected slightly less growth of 2.9%.

On an annual basis M3 Money supply grew 3.2% in April, compared with the 2.6% rise registered the previous month and above forecasts of a 2.9% increase.

Year-over-year Private loans fell 0.9%, after dropping 0.7%, as expected. FXstreet.com (Barcelona)

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