Eurozone M3 money supply annual growth slowed at the start of the year after accelerating in the previous month, suggesting sluggish investment environment as businesses face risks from trade tensions and a weakening global economy.
M3, a measure of broad money supply, grew 3.8 percent year-on-year in January after a 4.1 percent increase in December, data from the European Central Bank showed on Wednesday. Economists had expected the pace of growth to slow to 4 percent.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.