Corrects headline
Eurozone private sector credit grew at a slightly slower pace in February ahead of the war in Iran, data published by the European Central Bank showed Thursday.
Loans to the private sector expanded 3.3 percent in February, slightly slower than the 3.4 percent increase in January.
Adjusted loans to households posted an annual growth of 3.0 percent, the same rate as in the previous month. Meanwhile, loans to non-financial corporations grew at a slower pace of 2.9 percent, following a 2.8 percent rise in January. The broad monetary aggregate M3 registered an annual growth of 3.0 percent but weaker than January's 3.2 percent increase. Likewise, the annual growth in M1 monetary aggregate eased to 4.8 percent from 5.2 percent in January.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.