The bank stated on Thursday that Private sector loans It increased during October by 1.6 percent annually after taking seasonal variables into account, which is the same growth rate in September.
The growth rate increased Loans For households last month by 0.8 percent annually after growing by 0.7 percent during the previous month, while loans to non-financial institutions increased by 1.2 percent compared to an increase of 1.1 percent during September.
The data also showed an increase in claims owed by the private sector during October by 1.2 percent, which is the same percentage increase as in the previous month.
The measure of the monetary base known as “M3” was recorded in the currency area European The consolidated report grew by 3.4 percent annually, which was in line with analysts’ expectations, compared to 3.2 percent in September.
At the same time, the narrower measure of the monetary base “M1” rose by 0.2 percent after declining by 1.3 percent during September, recording its first rise since December 2022.
