Euro area money supply growth edged higher in November, as lending picked up, according to ECB data .
The ECB said the annual growth rate of the broad monetary aggregate M3 rose to 3.0 per cent in November 2025 , up from 2.8 per cent in October , averaging 2.9 per cent over the three months to November.
The narrower monetary aggregate M1 , which includes currency in circulation and
