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28 Mar 2013
EMU: M3 Money Supply up 3.3% in February
FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 3.3% in the three months to February, following a 3.6% rise in the three months to January, according to the ECB official data.
On an annual basis M3 Money supply grew 3.1% in February, down from the 3.5% rise registered the previous month and below forecasts of a 3.3% increase.
Year-over-year Private loans fell 0.9%, after dropping 0.9%, as expected.
On an annual basis M3 Money supply grew 3.1% in February, down from the 3.5% rise registered the previous month and below forecasts of a 3.3% increase.
Year-over-year Private loans fell 0.9%, after dropping 0.9%, as expected.