EMU: M3 Money Supply up 1.2% in January

FXStreet (Barcelona) - The Eurozone M3 Money Supply increased 1.2% in the three months to January, following a 1.3% rise in the three months to December, according to the ECB official data.

On an annual basis M3 Money supply grew 1.2%, up from the 1.0% rise registered the previous month and slightly above forecasts of a 1.1% increase.

Year-over-year Private loans fell 2.2%, after dropping 2.3%, below expectations of -2.1%.