M3 money supply in the Euro Area rose by 2.9% from a year earlier to EUR 16.1 trillion in February 2023, easing from a 3.5% increase in the previous month and missing market expectations of a 3.2% advance. The rate of growth in M3 money supply was the weakest since October 2014, as the European Central Bank tightened monetary policy further to combat high inflation. source: European Central Bank
Money Supply M3 in Euro Area averaged 6427015.75 EUR Million from 1980 until 2023, reaching an all time high of 16211491.00 EUR Million in September of 2022 and a record low of 1097404.00 EUR Million in January of 1980. This page provides the latest reported value for - Euro Area Money Supply M3 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Money Supply M3 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Money Supply M3 in Euro Area is expected to be 16141193.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Money Supply M3 is projected to trend around 16914018.00 EUR Million in 2024 and 17182859.00 EUR Million in 2025, according to our econometric models.