Statistics Bulletin Each page shows a stamp indicating the time and date of the latest update. Contents Euro area overview 3 1 Monetary policy statistics 4 2 Money, banking and other financial corporations 8 3 Euro area accounts 25 4 Financial markets 33 5 Prices, output, demand and labour markets 45 6 Government finance 54 7 External transactions and positions 59 8 Exchange rates 72 9 Developments outside the euro area 74 Notes 76 Conventions used in the tables "-" data do not exist/data are not applicable "." data are not yet available "?" nil or negligible 9 "billion" 10 (p) provisional s.a. seasonally adjusted n.s.a. non-seasonally adjusted Further information For further information, please contact us at: [email protected]. See the ECB’s Statistical Data Warehouse in the "Statistics" section of the ECB’s website (http://sdw.ecb.europa.eu) for longer runs and more detailed data. Statistics Bulletin 2 Page last updated on 29-09-2021-120001 EURO AREA OVERVIEW Summary of economic indicators for the euro area 1. Monetary developments and interest rates 1) (annual percentage changes, unless otherwise indicated) M1 2) M2 2) M3 2), 3) M3 2), 3) MFI loans to Securities other 3-month 10-year 3-month euro area than shares issued interest rate spot rate moving average residents in euro by non-MFI (EURIBOR; (% per annum; (centred) excluding MFIs corporations 2) % per annum; end of and general period period) 4) government 2) averages) 1 2 3 4 5 6 7 8 2019 7.5 5.3 5.0 - 3.0 4.3 -0.36 -0.14 2020 12.1 8.8 8.8 - 4.5 7.6 -0.43 -0.57 2020 Q3 13.4 9.8 9.8 - 4.7 9.1 -0.47 -0.50 Q4 14.4 10.7 11.0 - 4.7 8.3 -0.52 -0.57 2021 Q1 15.8 11.8 12.0 - 4.3 7.7 -0.54 -0.28 Q2 12.2 8.9 8.9 - 3.1 6.6 -0.54 -0.20 2021 Mar. 13.7 10.2 10.0 10.5 3.6 8.4 -0.54 -0.28 Apr. 12.4 9.1 9.2 9.2 3.3 6.9 -0.54 -0.18 May 11.6 8.3 8.5 8.6 2.8 6.3 -0.54 -0.15 June 11.8 8.3 8.3 8.1 3.1 5.2 -0.54 -0.20 July 11.0 7.6 7.6 7.9 3.1 4.9 -0.54 -0.44 Aug. 11.1 7.8 7.9 . 2.9 . -0.55 -0.39 Sources: ECB, European Commission (Eurostat and Economic and Financial Affairs DG) and Refinitiv. 1) Data refer to the changing composition of the euro area. For further information, see the General Notes. 2) Annual percentage changes for monthly data refer to the end of the month, whereas those for quarterly and yearly data refer to the annual change in the period average. See the Technical Notes for details. 3) M3 and its components exclude holdings by non-euro area residents of money market fund shares/units and debt securities with a maturity of up to two years. 4) Based on AAA-rated euro area central government bond yield curves. For further information, see Section 4.7. 2. Prices, output, demand and labour markets (annual percentage changes, unless otherwise indicated) HICP 1) Industrial Hourly Real GDP Industrial Capacity Employment Unemployment producer labour (s.a.) production utilisation in (s.a.) (% of labour prices costs excluding manufacturing force; s.a.) 2) construction 3) (%) 1 2 3 4 5 6 7 8 2019 1.2 0.6 2.4 1.5 -1.3 82.0 1.2 7.5 2020 0.3 -2.6 3.1 -6.3 -8.6 74.0 -1.5 7.8 2020 Q4 -0.3 -1.7 2.9 -4.4 -1.6 76.9 -1.8 8.0 2021 Q1 1.1 2.1 1.3 -1.2 3.5 80.0 -1.8 8.1 Q2 1.8 9.2 -0.2 14.3 22.3 82.7 1.9 8.0 2021 Mar. 1.3 4.4 - - 12.0 - - 8.1 Apr. 1.6 7.6 - - 39.7 82.5 - 8.2 May 2.0 9.6 - - 20.6 - - 8.0 June 1.9 10.2 - - 10.1 - - 7.8 July 2.2 12.1 - - 7.7 82.9 - 7.6 Aug. 3.0 . - - . - - . Sources: European Commission (Eurostat and Economic and Financial Affairs DG) and ECB calculations. 1) Data refer to the changing composition of the euro area. For further information, see the General Notes. 2) Domestic sales only. 3) Working day adjusted. 3. External statistics (EUR billions, unless otherwise indicated) Balance of payments (net transactions) Reserve assets Net Gross Effective exchange rate of USD/EUR (end-of-period international external debt the euro: EER-19 1) exchange rate Current and Combined positions) investment (as a % of GDP) (index: 1999 Q1 = 100) capital Goods direct and position accounts portfolio (as a % of GDP) Nominal Real (CPI) investment 1 2 3 4 5 6 7 8 9 2019 256.0 314.7 -137.1 813.6 -0.6 123.9 98.1 93.1 1.1195 2020 244.4 340.8 423.3 879.7 -1.0 130.0 99.6 93.4 1.1422 2020 Q3 85.8 94.7 44.4 909.5 0.0 132.0 101.1 94.7 1.1689 Q4 97.3 113.1 483.5 879.7 -1.0 130.0 101.2 94.6 1.1929 2021 Q1 76.0 92.9 157.1 849.4 -1.0 135.2 100.7 94.6 1.2048 Q2 66.5 74.0 152.7 869.0 . 100.5 94.1 1.2058 2021 Mar. 38.5 37.2 7.6 849.4 - - 100.3 94.1 1.1899 Apr. 32.1 24.8 41.0 852.1 - - 100.6 94.2 1.1979 May 8.7 21.5 78.3 885.4 - - 100.8 94.3 1.2146 June 25.7 27.8 33.3 869.0 - - 100.2 93.7 1.2047 July 31.0 31.0 18.1 888.5 - - 99.7 93.5 1.1822 Aug. 1,009.4 - - 99.3 93.2 1.1772 Sources: ECB, European Commission (Eurostat and Economic and Financial Affairs DG) and Refinitiv. Note: For more information on the data, see the relevant tables later in this section. 1) For a definition of the trading partner groups and other information, please refer to the General Notes. Statistics Bulletin 3 Page last updated on 28-09-2021-152758 1 MONETARY POLICY STATISTICS 1.1 Consolidated financial statement of the Eurosystem 1.1.1 Assets (EUR millions) 27 August 2021 3 September 2021 10 September 2021 17 September 202124 September 2021 Gold and gold receivables 514,692 514,693 514,693 514,718 514,718 Claims on non-euro area residents in foreign currency 477,139 477,285 477,590 475,317 475,642 Claims on euro area residents in foreign currency 25,017 24,847 24,917 27,578 27,590 Claims on non-euro area residents in euro 10,845 11,080 10,561 11,762 13,688 Lending to euro area credit institutions in euro 2,212,383 2,211,456 2,211,778 2,211,784 2,211,343 Main refinancing operations 112 16 319 344 44 Longer-term refinancing operations 2,212,271 2,211,440 2,211,440 2,211,440 2,211,281 Fine-tuning reverse operations 0 0 0 0 0 Structural reverse operations 0 0 0 0 0 Marginal lending facility 0 0 19 0 18 Credits related to margin calls 0 0 0 0 0 Other claims on euro area credit institutions in euro 34,551 35,359 32,898 34,977 35,388 Securities of euro area residents in euro 4,584,555 4,596,069 4,613,073 4,633,866 4,660,934 Securities held for monetary policy purposes 4,398,485 4,412,844 4,430,684 4,452,228 4,478,650 Other securities 186,070 183,225 182,389 181,638 182,284 General government debt in euro 22,142 22,142 22,142 22,142 22,142 Other assets 309,987 314,603 315,081 312,427 311,760 Total assets 8,191,312 8,207,534 8,222,733 8,244,572 8,273,207 Source: ECB. 1.1.2 Liabilities (EUR millions) 27 August 2021 3 September 2021 10 September 2021 17 September 202124 September 2021 Banknotes in circulation 1,500,069 1,500,839 1,501,984 1,503,960 1,504,258 Liabilities to euro area credit institutions in euro 4,454,530 4,543,236 4,567,522 4,523,080 4,475,995 Current accounts (covering the minimum reserve system) 3,662,998 3,727,964 3,743,978 3,941,344 3,787,785 Deposit facility 789,221 812,981 821,444 579,741 686,218 Fixed-term deposits 0 0 0 0 0 Fine-tuning reverse operations 0 0 0 0 0 Deposits related to margin calls 2,311 2,291 2,099 1,995 1,993 Other liabilities to euro area credit institutions in euro 23,242 30,465 23,556 23,615 26,174 Debt certificates issued 0 0 0 0 0 Liabilities to other euro area residents in euro 827,967 736,283 731,813 791,953 845,352 Liabilities to non-euro area residents in euro 279,387 285,995 286,695 288,061 306,224 Liabilities to euro area residents in foreign currency 12,445 12,310 12,414 12,283 12,188 Liabilities to non-euro area residents in foreign currency 2,962 2,911 2,780 2,406 2,463 Counterpart of special drawing rights allocated by the IMF 174,656 174,656 174,656 174,656 174,656 Other liabilities 309,034 313,859 314,332 317,578 318,916 Revaluation accounts 497,589 497,589 497,589 497,589 497,589 Capital and reserves 109,431 109,391 109,392 109,391 109,392 Total liabilities 8,191,312 8,207,534 8,222,733 8,244,572 8,273,207 Source: ECB.