{
 "id": "ez-loans",
 "name": "Loans to firms, y/y",
 "region": "eurozone",
 "layer": "cycle",
 "unit": "%",
 "cadence": "monthly",
 "state": "normal",
 "qualifier": "4.4 pp above",
 "threshold": {
  "label": "\u003c 0",
  "op": "lt",
  "value": 0
 },
 "distance": 4.363908,
 "score": 86.4,
 "latest": {
  "period": "2026-07-01",
  "value": 4.363908
 },
 "stale": false,
 "trend": "rising",
 "publisher": "European Central Bank",
 "series_code": "BSI.M.U2.Y.U.A20T.A.I.U2.2240.Z01.A",
 "licence": "ECB: free reuse with attribution",
 "description": "Annual growth of bank loans to euro-area non-financial corporations, adjusted for sales and securitisation. Credit to firms tracks investment and turns negative in every downturn.",
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   "period": "2024-08-01",
   "value": 1.00341
  },
  {
   "period": "2024-09-01",
   "value": 1.317138
  },
  {
   "period": "2024-10-01",
   "value": 1.388442
  },
  {
   "period": "2024-11-01",
   "value": 1.168643
  },
  {
   "period": "2024-12-01",
   "value": 1.719653
  },
  {
   "period": "2025-01-01",
   "value": 1.991186
  },
  {
   "period": "2025-02-01",
   "value": 2.106977
  },
  {
   "period": "2025-03-01",
   "value": 2.383448
  },
  {
   "period": "2025-04-01",
   "value": 2.620488
  },
  {
   "period": "2025-05-01",
   "value": 2.529631
  },
  {
   "period": "2025-06-01",
   "value": 2.780156
  },
  {
   "period": "2025-07-01",
   "value": 2.859823
  },
  {
   "period": "2025-08-01",
   "value": 3.025267
  },
  {
   "period": "2025-09-01",
   "value": 2.898946
  },
  {
   "period": "2025-10-01",
   "value": 2.937701
  },
  {
   "period": "2025-11-01",
   "value": 3.122801
  },
  {
   "period": "2025-12-01",
   "value": 3.02325
  },
  {
   "period": "2026-01-01",
   "value": 2.846034
  },
  {
   "period": "2026-02-01",
   "value": 2.96014
  },
  {
   "period": "2026-03-01",
   "value": 3.153679
  },
  {
   "period": "2026-04-01",
   "value": 3.38538
  },
  {
   "period": "2026-05-01",
   "value": 3.997525
  },
  {
   "period": "2026-06-01",
   "value": 4.018874
  },
  {
   "period": "2026-07-01",
   "value": 4.363908
  }
 ],
 "url": "https://worldstat.us/indicator/ez-loans"
}