Loans provided to the euro area private sector declined 0.8 percent in March from the prior year, as seen in February, the European Central Bank said Friday.
The broad measure monetary aggregate, M3 increased at a slower pace of 2.6 percent in March, following a 3.1 percent rise in February.
The three-month average of the annual growth rates of M3 in the period from January to March came in at 3 percent.
The annual growth rate of loans to households slowed marginally to 0.4 percent from 0.5 percent in February. At the same time, credit extended to the private sector eased 0.9 percent, which was smaller than the 1.1 percent decline in the previous month.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.