Thursday, 25 July 2013

Annual Growth Rate in Credit for Consumption in the Euro Area Falls to Record Low

The annual growth rate in Credit for Consumption in the euro area fell to minus 3.6% in June, the lowest ever reported according to figures released today by the ECB.

Source: ECB
Credit for Consumption outstanding as of June was €586.655 billion, the lowest reported since December 2006.

Source: ECB

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