FRANKFURT (Reuters) -Bank lending to euro zone firms edged down last month but remained near two-year highs, while credit to households expanded at its best pace since early 2023, the European Central
Euro Zone Sees Slower Business Credit Growth, Household Loans Rise
Overview of Euro Zone Credit Trends
FRANKFURT (Reuters) -Bank lending to euro zone firms edged down last month but remained near two-year highs, while credit to households expanded at its best pace since early 2023, the European Central Bank said on Monday.
Business Credit Growth Analysis
Credit growth to businesses eased to 2.9% in September from 3.0% a month earlier while loan growth to households rose to 2.6% from 2.5%, its highest rate since March 2023.
Household Lending Insights
The M3 measure of money circulating in the euro zone, often an indicator of future activity, meanwhile expanded by 2.8%, a drop from 2.9% a month earlier but in line with expectations.
M3 Money Supply and Economic Outlook
(Reporting by Balazs KoranyiEditing by Peter Graff)
