MW:Euro-zone money-supply, loan growth slows in June
FRANKFURT (MarketWatch) -- Annual growth in M3 broad money supply in the euro zone advanced at a 2.1% rate in June, slowing from an upwardly revised 2.5% in May, the European Central Bank reported Wednesday. Economists had forecast growth of 2.3%. The three-month average of annual M3 growth rates was unchanged at 2.2%. Loans to the private sector grew by an annual 2.5% in June, slowing from 2.7% in May, the ECB said.
