Nevertheless,
Euro zone: business credit growth:
Business loans increased by 2.5%, or 0.1 point less than in April. Consequently, the withdrawal being concentrated on loans of less than a year, supposed to finance the operation. For example,
Business loan growth in the euro zone marked the step in May. after five months of consecutive increase, in a context deemed more risky by the banks, the European Central Bank (ECB) said on Monday.
Business loans increased by 2.5%, or 0.1 point less than in April. the withdrawal being concentrated on loans of less than a year, supposed to finance the exploitation, the ECB said in a press release.
The trend remains to increase the private sector loans. in particular to finance the investment, showing that the eight rate drops made by the ECB since June 2024 are transmitted to the real economy.
The ECB has softened its monetary euro zone: business credit growth policy in a context of disinflation in the euro zone. deteriorated economic prospects due to the intensification of trade tensions and geopolitical risks.
Household loans have on their side slightly accelerated, progressing by 2.0%over a year, the highest increase in two years drawn by consumer loans (+4.3%) and real estate credits (+2.0%).
Adjusted from certain financial operations, private sector loans have increased by 2.8% over a year, keeping the rate of April, according to the press release.
Advanced inflation indicator, the M3 money supply, which includes liquid deposits and savings products up to two years, believed 3.9% in May, as in April.
The ECB continues to reduce the debt stock acquired during the years of crisis in its assessment. which mechanically slows down monetary creation.
The Central Bank meets from Monday to Wednesday in Portugal, Sintra, for its annual reflection seminar.
From midday, its president Christine Lagarde will communicate the euro zone: business credit growth results of the institution’s strategic journal. The last exercise of the genre dates from 2021. in a world without war at the gates of the European Union and without high inflation.
Euro zone: business credit growth
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