The BIS locational banking statistics show that banks’ global cross-border claims grew by $660 billion during Q3 2019, reaching $31 trillion at end-September. The resulting year-on-year (yoy) growth rate of 9% was the highest since end-March 2008,
Te annual growth rate of the outstanding amount of debt securities issued by euro area residents was 3.0% in November 2019, compared with 2.9% in October. For the outstanding amount of listed shares issued by euro area residents, the annual rate of change was -0.1% in November 2019, compared with -0.2% in October.
Euro area annual inflation is expected to be 1.3% in December 2019, up from 1.0% in November according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in December (2.0%, compared with 1.9% in November), followed by services (1.8%, compared with 1.9% in November), non-energy industrial goods (0.4%, stable compared with November) and energy (0.2%, compared with -3.2% in November).
The euro area annual inflation rate was 1.0% in November 2019, up from 0.7% in October. A year earlier, the rate was 1.9%. European Union annual inflation was 1.3% in November 2019, up from 1.1% in October. A year earlier, the rate was 2.0%. These figures are published by Eurostat, the statistical office of the European Union.