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26 Apr 2013
EMU: M3 Money Supply up 3% in March
FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 3% in the three months to March, following a 3.4% rise in the three months to February, according to the ECB official data.
On an annual basis M3 Money supply grew 2.6% in March, down from the 3.1% rise registered the previous month and below forecasts of a 3% increase.
Year-over-year Private loans fell 0.8%, after dropping 0.8%, as expected.
On an annual basis M3 Money supply grew 2.6% in March, down from the 3.1% rise registered the previous month and below forecasts of a 3% increase.
Year-over-year Private loans fell 0.8%, after dropping 0.8%, as expected.