European Central Bank 26 September 2007, md0708 (Monetary developments in the euro area)

27 September 2007PRESS RELEASEMONETARY DEVELOPMENTS IN THE EURO AREA: AUGUST 2007The annual rate of growth of M3 stood at 11.6% in August 2007, after 11.7% in July 2007. [1] The threemonth average of the annual growth rates of M3 over the period June 2007 - August 2007 rose to 11.4%,from 11.1% in the period May 2007 - July 2007.