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Monetary and credit developments in 2013

Author

Listed:
  • C. Roero.

Abstract

The annual growth rate of the euro area monetary aggregate M3 fell to 1.0% in 2013 from 3.5% in 2012. The French component of M3 also slowed, slipping from 2.4% in 2012 to 0.9% in 2013. The growth of loans to households and non-financial corporations was stronger in France than in the euro area as a whole.

Suggested Citation

  • C. Roero., 2014. "Monetary and credit developments in 2013," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 34, pages 5-20, summer.
    • Handle: RePEc:bfr:quarte:2014:34:01
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    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/quarterly-selection-of-articles_34_2014-summer.pdf
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    More about this item

    Keywords

    money; housing loans; business lending;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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