Pantheon Macroeconomics - Money supply data continue to support the continuation of cyclical recovery in the Eurozone. M3 growth accelerated to 4.0% year-over-year in February from a revised 3.7% in January. Revisions, however, mean that momentum in the beginning of the year was not as solid as we thought.

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27 Mar. 2015 Credit Growth is Improving, But the Periphery is Being Left Behind

By Claus Vistesen

Money supply data continue to support the continuation of cyclical recovery in the Eurozone. M3 growth accelerated to 4.0% year-over-year in February from a revised 3.7% in January. Revisions, however, mean that momentum in the beginning of the year was not as solid as we thought.

Posted: 27th Mar 2015 in 'Eurozone Documents'

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