Makrognosis

Euro Area Narrow Money (M1)

MonthlySeasonally adjustedCode EA.M1.M.SA

Latest (y/y)4.0%September 2026
Previous (y/y)4.1%August 2026
Level11,333,724 EUR millionsSeptember 2026

Euro Area Narrow Money (M1) was up 4.0% year on year in September 2026, compared with 4.1% in August 2026.

The level stood at 11,333,724 EUR millions.

That is the lowest reading since February 2025.

Over the past ten years it has ranged from −10.4% (Aug 2023) to 15.5% (Feb 2021), averaging 5.4%.

Euro Area Narrow Money (M1), annual % change, Jan 1997 – Sep 2026−20%−10%0%10%20%200020052010201520202025Robomacro
Euro Area Narrow Money (M1), annual % change, Jan 1997 – Sep 2026. Source: European Central Bank.
Euro Area Narrow Money (M1), level (EUR millions)0.0M2.5M5.0M7.5M10.0M12.5M200020052010201520202025Robomacro
Euro Area Narrow Money (M1), level (EUR millions).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 202611,333,724 EUR millions4.0
August 202611,296,114 EUR millions4.1
July 202611,291,868 EUR millions4.4
June 202611,325,136 EUR millions4.8
May 202611,296,503 EUR millions4.9
April 202611,278,885 EUR millions5.0
March 202611,278,092 EUR millions5.7
February 202611,213,312 EUR millions5.3
January 202611,196,574 EUR millions5.7
December 202511,090,495 EUR millions4.7
November 202511,029,100 EUR millions4.7
October 202511,004,166 EUR millions5.3
September 202510,902,997 EUR millions4.8
August 202510,848,436 EUR millions4.8
July 202510,819,576 EUR millions5.1
June 202510,809,812 EUR millions4.8
May 202510,772,442 EUR millions5.1
April 202510,737,319 EUR millions4.8
March 202510,673,105 EUR millions4.2
February 202510,646,943 EUR millions3.8
January 202510,590,037 EUR millions3.1
December 202410,590,975 EUR millions2.4
November 202410,538,782 EUR millions1.7
October 202410,449,786 EUR millions0.3

Last 24 observations. The full history (369 observations) is available through the API.

Get Euro Area Narrow Money (M1) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/EA.M1.M.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EA.M1.M.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 1996
Observations369
FrequencyMonthly
UnitsEUR millions
AdjustmentSeasonally adjusted
10-year high15.5% (Feb 2021)
10-year low−10.4% (Aug 2023)
10-year average5.4%
Source agencyEuropean Central Bank
Makrognosis codeEA.M1.M.SA

Compare across countries

Narrow Money (M1) by country →

Other Euro Area indicators

Euro Area GDP (Gross Domestic Product)Euro Area Real GDP (Current prices, million EURs, 2010 ref)Euro Area Inflation Rate (CPI)Euro Area Core Inflation RateEuro Area Unemployment RateEuro Area 10-Year Government Bond YieldEuro Area Industrial ProductionEuro Area Retail SalesEuro Area Producer Price Inflation (PPI)Euro Area Current account balance (BPM6, extra-euro-area), not seasonally adjustedEuro Area Trade Balance: Goods & ServicesEuro Area Exports of goods (BPM6 credits, extra-euro-area), not seasonally adjustedEuro Area Exports of goods and services, Current prices, million EUREuro Area Exports of goods and services, chain-linked volumeEuro Area Imports of goods (BPM6 debits, extra-euro-area), not seasonally adjustedEuro Area Imports of goods and services, Current prices, million EUR

FAQ

What is the current narrow Money (M1) in Euro Area?
The latest reading is 4.0% year on year for September 2026, published by European Central Bank.
Where does this data come from?
It is collected directly from European Central Bank and is available through the Makrognosis API under the code EA.M1.M.SA.

Last updated 2026-11-02. Source: European Central Bank. Original title: “Monetary aggregate M1 - outstanding amount (euro area)”.