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Eurozone Private Sector Lending Growth Slows

Growth in the euro area money supply and loans to the private sector eased in November, data from the European Central Bank revealed on Thursday.

The broad money supply M3 growth eased to 4.8 percent in November from 5.1 percent in October. The narrow measure M1 also grew at a weaker pace of 2.4 percent after rising 3.8 percent in the previous month.

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by Renju Jaya

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