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EMU: M3 Money Supply up 3.4% in November

By FXstreet.com,  January 03, 2013, 04:22:00 AM EDT

FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 3.4% in the three month to November, following a 3.1% rise in the three months to October, according to the ECB official data. Market consensus pointed to +3.5%.

On an annual basis M3 Money Supply grew 3.8% in November, down from the 3.9% increase registered the previous month, according to expectations.

Year-over-year Private Loans fell 0.8%, following a 0.7% drop and below forecasts of a 0.5% decrease.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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