Zona euro, crescita annua prestiti settore privato -1,6%, attese -1,5%

giovedì 28 agosto 2014 10:20

FRANCOFORTE, 28 agosto (Reuters) - Lending to households and
firms in the euro zone contracted further in July, but at a
slower pace than in the previous month, while money supply
growth picked up, the European Central Bank said on Thursday.
The ECB gave the following percentage changes in growth,
seasonally adjusted:
                                        JULY    JUNE      Prior
 M3 annual growth rate                   1.8    1.6       (1.5)
 M3 3-month moving avg 12-mo growth      1.5    1.2       (1.1)
 Annual total credit growth             -1.9   -2.3      (-2.3)
 Annual credit growth private sector    -2.0   -2.2      (-2.2)
  -- of which loans                     -1.6   -1.8      (-1.7)
  -- of which loans (adj. for sales
     and securitisation)               -1.0   -1.1      (-1.1)
 Breakdown of Loans, pct annual growth rate:
 Loans to households                    -0.5   -0.6      (-0.6)
  -- consumer credit                    -1.7   -1.5      (-1.5)
  -- for home purchases                 -0.1   -0.4      (-0.4)
 Loans to non-financial corporations    -2.3   -2.3      (-2.3)
 Loans to NFCs adj. for sales and
 securitisation                         -2.2   -2.2      (-2.3)
 Monthly loan flow to firms (bln euros)  -14      0        (-2)

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, Paul Carrel and John O'Donnell)