Eurozone February M3 money supply

  • 4.8% prev revised down from 4.9%
  • adj household lending growth 2.3% yy vs 2.2 prev
  • adj non-financial corp lending growth 2% yy 2.3% prev

Softer money supply data leaves the euro in mixed mode still, but household lending up to levels last seen in 2010.

Let's see if that converts into spending.

Full ECB report here

M3is the sum of M2, repurchase agreements, money market fund shares/units and debt securities with a maturity of up to two years.