FXstreet.com (Barcelona) - The annual growth rate of Euro Area's M3 remained unchanged at10.5% in May, while the three month average growth declined to 10.4% in the period from March to May, from the 10.6% in the February - April period, according to the latest data by the European Central Bank.

The M1 annual growing rate has declined to 2.3% in May from 2.5% in April, while the annual rate of growth of short-term deposits, other than overnight deposits, have declined to 19.4 in May from 19.8 in April. The annual growing rate of marketable instruments increased to 12.6% in May, from 11.6% in April.