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Euro Area Monetary Aggregates

February 2026 

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Last update:

Euro area monetary aggregate M1 varied by +0.12% in February 2026 in a monthly basis. Over the last 12 months, M1 varied by +5.52%.

M1 components, which are currency and overnight deposits, experienced an annual variation of +6.04% and +2.51% respectively:

Datos procedentes del Banco Central Europeo - Balance Sheet Items
December 2025January 2026February 2026
Currency+2.12%+2.64%+2.51%
M1+4.61%+5.93%+5.52%
M2+3.03%+3.99%+3.99%
M3+2.55%+3.41%+3.23%
Overnight deposits+5.04%+6.49%+6.04%
M1Overnight depositsCurrency
Percentage Annual VariationShaded area = recession

Uncovered Value