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Eurozone May M3 money supply +8.9% vs +8.7% y/y expected

June 26, 2020 at 09:00AM

Eurozone May M3 money supply +8.9% vs +8.7% y/y expected
Latest data released by the ECB – 26 June 2020
– +8.3%
Broad money continues to swell further amid the liquidity injections by the ECB with overall credit to euro area residents growing across the board (to both the general government and the private sector as well).

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