
Monetary developments in the euro area for April 2026, published this week by the European Central Bank (ECB) , showed a broad easing in money supply growth alongside mixed signals in lending to households and firms.
The annual growth rate of the broad monetary aggregate M3 fell to 2.7 per cent in April 2026 from 3.2 per cent in March.
The ECB said M3 averaged 3.0 per cent over the






