The annual growth rate of the broad monetary aggregate M3 in the Euro Area grew 6.3 percent, unchanged from the previous month and at the slowest pace in two years. It came above analysts' expectations of a 6.2 percent gain. source: European Central Bank
Money Supply M3 in the Euro Area averaged 6219131.54 EUR Million from 1980 until 2022, reaching an all time high of 15679280 EUR Million in March of 2022 and a record low of 1097404 EUR Million in January of 1980. This page provides the latest reported value for - Euro Area Money Supply M3 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Money Supply M3 - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Money Supply M3 in Euro Area is expected to be 15900000.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Money Supply M3 is projected to trend around 16800000.00 EUR Million in 2023 and 17600000.00 EUR Million in 2024, according to our econometric models.