Eurozone Money Supply Sees Positive Growth in February

Thursday, 28 March 2024, 09:02

The Eurozone's M3 money supply experienced a 0.4% year-over-year increase in February, surpassing market expectations of 0.3%. This growth indicates potential economic activity and liquidity in the region, which could have positive implications for businesses and investments. The prior month's figure stood at +0.1%, showing a notable improvement in the latest reported data.

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Eurozone Money Supply Update

The Eurozone's M3 money supply grew by 0.4% year-over-year in February, outperforming the expected 0.3%. This increase suggests a positive trend in economic activity and liquidity within the region.

Summary:

February M3 money supply growth: 0.4%
Expectations: 0.3%
Prior month: +0.1%

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Eurozone Money Supply Update

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