Euro area money supply growth rises as lending stays steady

The European Central Bank (ECB) has reported that euro area money supply growth accelerated in June, while lending to households and businesses remained broadly unchanged, pointing to continued expansion in private sector credit conditions.

The ECB said the annual growth rate of the broad monetary aggregate M3 increased to 3.3 per cent in June 2026, up from 3.0 per cent in May, which was revised down from an earlier estimate of 3.2 per cent....