Monetary developments in the euro area: July 2025
From ecb.europa.eu
Annual growth rate of broad monetary aggregate M3 stood at 3.4% in July 2025, after 3.3% in June 2025 Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 5.0% in July from 4.7% in June (revised from 4.6%) Annual growth rate of adjusted loans to households increased to 2.4% in July from 2.2% in June Annual growth rate of adjusted loans to non-financial corporations stood at 2.8% in July, compared with 2.7% in June. The annual growth rate of the broad monetary aggregate M3 stood at 3.4% in July 2025, after 3.3% in June, averaging 3.5% in the ...
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