Zona euro,rallenta crescita M3 aprile,cala credito a settore privato-Bce

mercoledì 28 maggio 2014 10:23

FRANKFURT, May 28 (Reuters) - Lending to households and firms in
the euro zone declined further in April and money supply growth
slowed, the European Central Bank said on Wednesday.
The ECB gave the following percentage changes in growth,
seasonally adjusted:
                                        APRIL   MARCH     Prior
 M3 annual growth rate                   0.8    1.0       (1.1)
 M3 3-month moving avg 12-mo growth      1.0    1.1       (1.2)
 Annual total credit growth             -2.2   -2.2      (-2.2)
 Annual credit growth private sector    -2.5   -2.5      (-2.5)
  -- of which loans                     -1.8   -2.2      (-2.2)
  -- of which loans (adj. for sales
     and securitisation)               -1.5   -2.0      (-2.0)
 Breakdown of Loans, pct annual growth rate:
 Loans to households                     0.0   -0.1      (-0.1)
  -- consumer credit                    -2.1   -1.9      (-1.9)
  -- for home purchases                  0.7    0.6       (0.5)
 Loans to non-financial corporations    -2.8   -3.0      (-3.0)
 Loans to NFCs adj. for sales and
 securitisation                         -2.7   -3.1      (-3.1)
 Monthly loan flow to firms (bln euros)   -7     -4        (-4)

For a copy of the report, please click here
NOTES: The data are adjusted to exclude holdings of money market
fund shares or units by residents outside the euro area and
non-resident holdings of money market paper and debt securities
with an initial maturity of up to two years.
Previously reported data from the prior month are in brackets.
The ECB has set a reference rate of 4.5 percent for the
three-month moving average of annual money supply growth, above
which the bank sees dangers to medium-term price stability.

(Reporting by Eva Taylor and Jonathan Gould)

Keywords: ECB/M3