Household borrowing down in Eurozone

ECB report says lowest rate since 2010

Household borrowing has increased in the Eurozone, according to data by the European Central Bank (ECB). The figures show that the annual rate has gone up to 2.3% in February from 2.2% in January, the highest rise since December 2010. Meanwhile, business lending recorded an unexpected slowdown from 2% to 2.3% in February, which is the lowest rate since last June.