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Europe Daily Bulletin No. 8182

29 March 2002
Contents Publication in full By article 22 / 39
GENERAL NEWS / (eu) eu/ecb/economy
Slower M3 growth

Brussels, 28/03/2002 (Agence Europe) - Growth of the money supply, one of the key inflation indicators for the European Central Bank, slowed in February in the eurozone with the annual rate of broad M3 money supply growth slowing to 7.4% from 7.9% in January, announced the ECB on Thursday. In a press release, the ECB notes: "The high level of the annual growth rate of M3 continues to reflect the buildup of liquidity in the autumn of 2001, when the economic and financial environment was...

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