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European Money Supply: Difference between revisions
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== Developments == | == Developments == | ||
=== Components of M3 === | |||
{| class="wikitable" | {| class="wikitable" | ||
!Components of M3<ref name=":0" /> | !Components of M3<ref name=":0" /> | ||
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|11.79% | |11.79% | ||
|} | |} | ||
'''Counterparts of M3''' | |||
=== '''Counterparts of M3''' === | |||
[[File:Ecb.md2308.en img1.png|center|thumb|620x620px|alt=|Contribution of the M3 counterparts to the annual growth rate of M3<ref>https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2308~af0185147b.en.html</ref>]] | [[File:Ecb.md2308.en img1.png|center|thumb|620x620px|alt=|Contribution of the M3 counterparts to the annual growth rate of M3<ref>https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2308~af0185147b.en.html</ref>]] | ||
{| class="wikitable" | {| class="wikitable" | ||
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|} | |} | ||
=== August 2023 === | === Monthly Updates === | ||
==== August 2023 ==== | |||
The annual growth rate of the broad monetary aggregate M3 was -1.3% in August 2023, compared with -0.4% in July, averaging -0.4% in the three months up to August<ref>https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2308~af0185147b.en.html</ref> | The annual growth rate of the broad monetary aggregate M3 was -1.3% in August 2023, compared with -0.4% in July, averaging -0.4% in the three months up to August<ref>https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2308~af0185147b.en.html</ref> | ||