Uncovered Value

North America

Euro Area Monetary Aggregates

August 2026 

*  

Last update:

Euro area monetary aggregate M1 varied by +0.01% in August 2026 in a monthly basis. Over the last 12 months, M1 varied by +4.10%.

M1 components, which are currency and overnight deposits, experienced an annual variation of +4.30% and +2.95% respectively:

Data from European Central Bank - Balance Sheet Items
June 2026July 2026August 2026
Currency+2.90%+2.92%+2.95%
M1+4.76%+4.36%+4.10%
M2+4.39%+4.39%+4.34%
M3+4.03%+4.05%+4.21%
Overnight deposits+5.08%+4.61%+4.30%
M1Overnight depositsCurrency
Percentage Annual VariationShaded area = recession

Uncovered Value