Zona euro, rallenta a dicembre crescita annua massa monetaria M3

mercoledì 29 gennaio 2014 11:41

FRANCOFORTE, 29 gennaio (Reuters) - Euro zone money supply
growth slowed sharply in December, while loans to the private
sector contracted at the same pace as a month earlier, the
European Central Bank said on Wednesday. The ECB gave the
following percentage changes in growth, seasonally adjusted:
                                         DEC    NOV       Prior 
 M3 annual growth rate                   1.0    1.5       (1.5)
 M3 3-month moving avg 12-mo growth      1.3    1.6       (1.7) 
 Annual total credit growth             -2.0   -1.4      (-1.4) 
 Annual credit growth private sector    -2.4   -1.6      (-1.6) 
  -- of which loans                     -2.3   -2.3      (-2.3)
  -- of which loans (adj. for sales 
     and securitisation)               -2.1   -1.8      (-1.8)
 Breakdown of Loans, pct annual growth rate:     
 Loans to households                    -0.1    0.0       (0.1) 
  -- consumer credit                    -3.0   -3.3      (-3.4) 
  -- for home purchases                  0.7    0.9       (0.9) 
 Loans to non-financial corporations    -3.0   -3.8      (-3.9)
 Loans to NFCs adj. for sales and 
 securitisation                         -2.9   -3.1      (-3.1)
 Monthly loan flow to firms (bln euros)   -2    -14       (-14)

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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.