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Monetary developments in the euro area: December 2025
Annual growth rate of broad monetary aggregate M3 decreased to 2.8% in December 2025 from 3.0% in November Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 4.7% in December from 5.0% in November Annual growth rate of adjusted loans to households stood at 3.0% in December, compared with 2.9% in November Annual growth rate of adjusted loans to non-financial corporations stood at 3.0% in December, compared with 3.1% in November Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 decreased to ... (full story)
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From wharton.upenn.edu | Jan 28, 2026
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