Money supply in Eurozone increased by 2.7%

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Source: Forexpros
© Scanpix/Reuters
The European Central Bank reported on Thursday that Eurozone M3 money supply advanced less than expected last month. Supply of the 17-nation currency grew by 2.7% at an annualized basis in September, whereas analysts expected a 3.0% increase. An increase in M3 money supply in August was revised down to 2.8% from an initial estimate of 2.7%.
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