FRANKFURT (MarketWatch)
Data measuring broad money supply and private-sector loans in the euro zone both showed slowing growth in December, the European Central Bank said Friday
Loans to the private sector grew at a 1% annual rate in December, down from 1.7% in November and 2.7% in October
Economists had forecast growth of 2.1%
M3, the broadest measure of money supply, saw annual growth slow to a 1.6% pace in December, down from 2% in November
The three-month average of annual M3 growth slowed to 2.1% from 2.5% in the September-to-November period.
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