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Monetary developments in the euro area: May 2024
Annual growth rate of broad monetary aggregate M3 increased to 1.6% in May 2024 from 1.3% in April Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -4.9% in May, compared with -5.9% in April Annual growth rate of adjusted loans to households stood at 0.3% in May, compared with 0.2% in April Annual growth rate of adjusted loans to non-financial corporations stood at 0.3% in May, compared with 0.2% in April. The annual growth rate of the broad monetary aggregate M3 increased to 1.6% in May 2024 from 1.3% in April, averaging 1.3% in the three months up ... (full story)