2025.08.2808:44:46UTC+00Eurozone Household Credit Growth Picks Up in July

In July 2025, bank lending to households in the Eurozone experienced a 2.4% year-on-year increase, reaching EUR 7.030 trillion. This marks the swiftest growth rate since April 2023, aligning with market forecasts. The uptick indicates a sustained recovery in credit demand, bolstered by the European Central Bank's recent policy easing measures. Additionally, lending to businesses rose to 2.8%, up from 2.7% in June. Despite these gains, the overall credit growth to the private sector declined, slipping to 2.8% in July from 3.0% in the previous month.