ECB’s Press release

Friday, 27 May 2011 11:27

Monetary Developments in the Euro Area for April were released just minutes ago. Year on year growth rate of M3 came out lower than expected at 2.0%, decreasing from 2.5% value expected and prior March results of 2.3%.
Annual Private Loans came out lower than expectations. Year on year results were released at 2.6%, while it was forecasted at 2.7%. Although lower than expected, the 2.6% results was a little higher than last year’s 2.5%.

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