Monetary and credit developments in 2013

C. Roero.

Quarterly selection of articles - Bulletin de la Banque de France, 2014, issue 34, 5-20

Abstract: The annual growth rate of the euro area monetary aggregate M3 fell to 1.0% in 2013 from 3.5% in 2012. The French component of M3 also slowed, slipping from 2.4% in 2012 to 0.9% in 2013. The growth of loans to households and non-financial corporations was stronger in France than in the euro area as a whole.

Keywords: money; housing loans; business lending (search for similar items in EconPapers)
JEL-codes: E21 F32 G15 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2014:34:01

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