EMU: M3 Money Supply up 1.9% in October

FXstreet.com (Barcelona) - The Eurozone M3 Money Supply increased 1.9% in the three months to October, following a 2.2% rise in the three months to September, according to the ECB official data.

On an annual basis M3 Money supply grew 1.4% in October, down from the 2% rise registered the previous month and below forecasts of a 2.1% increase.

Year-over-year Private loans fell 2.1%, after dropping 2%, below forecasts of -1.8%.