Euro area loans to firms and households continue gradual rise

Euro area money supply growth edged higher in November, as lending picked up, according to ECB data.

The ECB said the annual growth rate of the broad monetary aggregate M3 rose to 3.0 per cent in November 2025, up from 2.8 per cent in October, averaging 2.9 per cent over the three months to November.

The narrower monetary aggregate M1, which includes currency in circulation and overnight deposits, recorded an annual growth rate of 5.0 per cent in November, down slightly from...