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26.06.2015 09:12 M3 money supply in the Eurozone rises 5.0% in May from last year

 

The European Central Bank (ECB) released its M3 money supply figures on Friday. M3 money supply rose 5.0% in May from last year, missing expectations for a 5.4% gain, after a 5.3 % increase in April.

 

 

During three months to May, M3 money supply rose to 5.0% from 4.7% in the February to April period.

 

 

The lending for house purchase jumped 1.4% year-on-year in May.

 

 

Loans to the private sector in the Eurozone climbed 0.5% in May from the last year, after a flat reading in April.



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