empty
 
 

2020.01.1411:05:00UTC+00Eurozone Lending To Households Rise At Faster Pace In Q3: ECB

Lending to Eurozone households increased at a faster pace in the third quarter, the European Central Bank reported Tuesday.

The annual growth rate of loans to households improved to 3.5 percent from 3.4 percent in the second quarter.

At the same time, financial investment of households increased at a broadly unchanged rate of 2.4 percent and their gross non-financial investment increased at a faster pace of 4.9 percent.

Further, the report showed that net value added by non-financial corporations grew 3.9 percent in the third quarter, after rising 3 percent. Gross operating surplus grew 3.7 percent, much faster than the 0.1 percent rise a quarter ago.

As a result, gross entrepreneurial income increased at a higher rate of 2.5 percent in the third quarter, the ECB said.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback