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Eurozone M3 money supply falls in December

January 31, 2014

The European Central Bank said on Tuesday the Eurozone three-month average M3 money supply for the year ending December dropped to 1.3 percent from a revised 1.6 percent. Estimates called for a 1.5 percent. The annual M3 money supply seasonally adjusted for December also fell to 1.0 percent from 1.5 percent a year ago, while analysts called for a rise to 1.7 percent.

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Source: Financial Markets

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