Eurozone March M3 money supply 5.3% vs 4.7% exp

Eurozone March M3 money supply 28 April
– 4.7% prev
– household lending growth + 2.4% yy vs 2.3% prev
– corp lending growth +2.3% yy vs 2.0%
M3 Money Supply measures the change in the total quantity of domestic currency in circulation and deposited in banks. An increasing supply of money leads to additional spending, which in turn leads to inflation.