Eurozone November M3 cash provide +three.eight% vs +three.5% y/y anticipated
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- Prior +three.four%
Broad cash progress expanded fairly decently in November in comparison with the identical interval a 12 months in the past, up from the three.four% year-on-year estimate in October. Trying on the particulars, adjusted loans to households additionally grew to zero.9% however adjusted loans to non-financial companies did ease to 1.zero% on the month.
This text was written by Justin Low at www.ubaidahsan.com.
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