Wire flash
Eurozone M3 Money Supply Growth Accelerates to 3.5% in August
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
The Eurozone's annual money supply growth, as measured by the M3 aggregate, came in at 3.5% for August, according to data reported by Jin10. This figure exactly matched the market consensus forecast of 3.50% and represented a slight acceleration from the previous month's revised rate of 3.40%. The M3 money supply is a broad measure of the money circulating in the economy, including cash, bank deposits, and other liquid instruments. The data point is closely watched by economists and central bankers as an indicator of future inflation and economic activity. The slight uptick suggests a modest increase in liquidity within the euro area economy, though it remains within a relatively contained range. The report provides a factual update on monetary conditions without offering any accompanying analysis or commentary.
Source report
- Annual growth rate: 3.5%
- Market expectation: 3.50%
- Previous month (July): 3.40%
The Eurozone's M3 money supply grew at an annual rate of 3.5% in August, matching market expectations and accelerating from the previous month's reading of 3.40%.
Source
金十数据Neutral / independent