Euro-zone M3, private-loan growth slows in Nov.

FRANKFURT (MarketWatch)
The broadest measure of money-supply growth in the euro zone slowed sharply in November along with private-sector lending activity, data showed Thursday.
The European Central Bank said M3 money supply grew at an annual pace of 2% in November, down from 2.6% in October.
Economists had forecast a growth rate of 2.5%.
Loans to the private sector showed annual growth of 1.7%, down from 2.7% in October.
The three-month average of the annual M3 growth rates in the September-November period decreased to 2.5% from 2.8% in the August-October period.