M1 for Euro Area
MYAGM1EZM196N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,389,683,000,000.00
Year-over-Year Change
9.28%
Date Range
1/1/1970 - 3/1/2017
Summary
The M1 for Euro Area measures the narrow money supply in the Eurozone, including currency in circulation and overnight deposits. It serves as a key indicator of monetary conditions and can inform economic policymaking.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
M1 is a measure of the money supply that includes the most liquid forms of money, such as currency in circulation and overnight deposits. It provides insights into the availability of money for transactions and consumption within the Eurozone economy.
Methodology
The data is collected and calculated by the European Central Bank based on reports from financial institutions.
Historical Context
M1 trends are closely monitored by central banks, economists, and financial analysts to assess the state of the Eurozone economy and the potential need for monetary policy adjustments.
Key Facts
- M1 includes the most liquid forms of money in the Eurozone.
- M1 data is collected and published by the European Central Bank.
- Changes in M1 can signal shifts in economic activity and consumption.
FAQs
Q: What does this economic trend measure?
A: The M1 for Euro Area measures the narrow money supply in the Eurozone, including currency in circulation and overnight deposits.
Q: Why is this trend relevant for users or analysts?
A: M1 trends are closely monitored by central banks, economists, and financial analysts to assess the state of the Eurozone economy and the potential need for monetary policy adjustments.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the European Central Bank based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Changes in M1 can signal shifts in economic activity and consumption, which central banks and policymakers use to inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The M1 for Euro Area data is published regularly by the European Central Bank, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, M1 for Euro Area (MYAGM1EZM196N), retrieved from FRED.