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Euro Area Monetary Aggregates

December 2025 

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Last update:

Euro area monetary aggregate M1 varied by +0.27% in December 2025 in a monthly basis. Over the last 12 months, M1 varied by +4.57%.

M1 components, which are currency and overnight deposits, experienced an annual variation of +4.99% and +2.14% respectively:

Datos procedentes del Banco Central Europeo - Balance Sheet Items
October 2025November 2025December 2025
Currency+2.15%+2.26%+2.14%
M1+5.20%+4.95%+4.57%
M2+3.05%+3.18%+3.01%
M3+2.96%+3.05%+2.71%
Overnight deposits+5.73%+5.41%+4.99%
M1Overnight depositsCurrency
Percentage Annual VariationShaded area = recession

Uncovered Value