The European Central Bank (ECB) has announced a slight uptick in corporate lending dynamics within the Eurozone for March. According to the ECB's statement, the volume of book loans to non-financial corporations increased by 0.4 percent annually, compared to a 0.3 percent rise in January. Additionally, there was a €5 billion increase in lending compared to the previous month, marking a positive shift in lending trends.

Meanwhile, lending to private households saw a marginal increase, with a 0.2 percent annual growth rate. Specifically, lending for home purchases rose by 0.3 percent, while consumer credit volumes saw a 2.4 percent uptick.

Overall, Eurozone lending experienced a slight decrease of 0.2 percent, with lending to private entities rising by 0.8 percent while government lending declined by 2.6 percent.

In terms of monetary aggregates, the broad money supply M3, primarily comprising loans, saw a 0.9 percent annual growth rate in March, surpassing expectations of 0.5 percent. Conversely, the annual change rate of narrow money supply M1 improved to minus 6.7 percent.

(M3 is rising again... yohoooo)