Eurozone Household Credit Growth Continues to Improve

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Bank lending to households in the Eurozone rose by 2.5% year-on-year in August 2025, a new high since April 2023, compared to 2.4% in July and forecasts of 2.3%. The increase continues to reflect a continued recovery in credit demand, supported by the European Central Bank’s recent policy easing. Also, lending to businesses rose 3%, higher than 2.8% in July. Meanwhile, overall credit growth to the private sector was 2.8%, the same as in the previous month.

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