Euro Area Macro Data — ECB Datasets (Interest Rates, Inflation, Liquidity)
Download clean European macroeconomic datasets (CSV), access institutional-grade research built from ECB, Eurostat, INSEE and Banque de France data. Each page provides key statistics, Python/R code examples, and free data downloads — no API key required. Learn how to read macro-financial indicators.
All datasets are updated automatically — daily for market rates, weekly for the Eurosystem balance sheet, monthly for inflation and credit data. Euro area series come from the ECB SDMX 2.1 API under Creative Commons Attribution 4.0 (CC BY 4.0); French national series come from INSEE and the Banque de France under their own reuse regimes.
European macro data is fragmented across ECB, Eurostat and national statistical institutes — with complex SDMX codes and index bases that change every ten years. Eco3min cleans, chains, structures and contextualises it in a single hub, free and open. The wider context: our tracker of ECB decision dates.
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Interest Rates & Yield Curve
ECB policy rates, the euro overnight benchmark, sovereign yields across the curve, and the real (inflation-adjusted) policy stance.
10 datasets · Updated daily & monthly
€STR — Euro Short-Term Rate (2019–2026)
The ECB’s risk-free overnight benchmark. Volume-weighted trimmed mean of unsecured overnight borrowing by euro area banks. Replaced EONIA in Oct 2019.
- ECB series EST — updated daily
- 1,650+ observations
- CSV download · No API key needed
ECB Deposit Facility Rate (1999–2026)
The floor of the ECB interest rate corridor — and since Sep 2023, the primary operational policy rate. From −0.50% to 4.00%.
- 67 rate changes since 1999
- Event-based (date of change)
- CSV download
ECB Main Refinancing Rate — MRO (1999–2026)
The traditional ECB policy rate — weekly lending to banks against collateral. Now 15 bps above the Deposit Facility Rate.
- ECB series FM — event-based
- Corridor width narrowed Sep 2024
- CSV download
Marginal Lending Facility Rate (1999–2026)
The ceiling of the ECB corridor — emergency overnight borrowing. Now 40 bps above the Deposit Facility Rate.
- ECB series FM — event-based
- CSV download
Euro Area 10Y Yield — AAA (2004–2026)
AAA-rated euro area government bond yield curve — 10-year spot rate. The European risk-free benchmark (Svensson model).
- ECB Yield Curve — updated daily
- CSV download
Euro Area 10Y Yield — All Issuers (2004–2026)
All-issuers yield curve (all ratings). The GDP-weighted sovereign borrowing cost — includes Italy, Spain, France alongside AAA issuers.
- ECB Yield Curve — updated daily
- CSV download
Germany 10Y Government Bond Yield (1993–2026)
The Bund — the euro area risk-free benchmark. Long-term convergence criterion rate. All sovereign spreads are measured against this.
- ECB/IRS — updated monthly
- CSV download
Italy 10Y Government Bond Yield (1993–2026)
The BTP — the euro area’s primary sovereign risk barometer. The BTP-Bund spread is the most tracked fragmentation indicator.
- ECB/IRS — updated monthly
- CSV download
France 10Y Government Bond Yield (1993–2026)
The OAT — the second largest euro sovereign. OAT-Bund spread widened sharply in 2024 amid French fiscal and political uncertainty.
- ECB/IRS — updated monthly
- CSV download
Real Deposit Facility Rate (1999–2026)
Composite: DFR minus HICP headline inflation. Was −7% in 2022 despite hikes. Now positive (~0.5%) for the first time since 2013.
- Eco3min composite — updated monthly
- CSV download
Inflation & Prices
HICP headline, core, services, food — the ECB’s target measure and its sub-components. Plus the index level for inflation-adjusting European data.
5 datasets · Updated monthly
HICP Headline Inflation (1997–2026)
The ECB’s price stability target measure. Annual rate of change. Peak: 10.6% (Oct 2022). The number that drives every Governing Council decision.
- ECB/Eurostat series ICP — 348 observations
- 2% symmetric target
- CSV download
HICP Core — Ex Food & Energy (1997–2026)
The underlying inflation signal. Stickier than headline — driven by services (~60% weight). The measure that determines the pace of rate cuts.
- Range: 0.2% to 5.7%
- CSV download
HICP Services Inflation (1997–2026)
The stickiest HICP component — ~45% of the basket. Reflects wages, rents, and domestic demand. Persistently above 3% since 2023.
- CSV download
HICP Food Inflation (1997–2026)
Food including alcohol and tobacco — volatile component driven by agricultural commodity prices and energy costs (fertilizers, transport).
- CSV download
HICP Index Level (1996–2026)
The index level (2015=100) — use this to inflation-adjust any European asset price, compute custom period inflation, or deflate nominal series.
- CSV download
Liquidity & Monetary Policy
Eurosystem balance sheet, M3 money supply — the plumbing of the euro area financial system.
3 datasets · Updated weekly & monthly
Eurosystem Total Assets (1999–2026)
The European WALCL — from ~€700B to €8.8T peak (2022). APP, PEPP, TLTROs, and all Eurosystem operations. The QE/QT tracker.
- ECB/ILM — updated weekly
- 1,420+ observations
- CSV download
M3 Money Supply — Stock (1980–2026)
Euro area monetary aggregate M3 — outstanding amounts. The ECB’s reference variable for monetary analysis. Currently ~€17.3T.
- ECB/BSI — updated monthly
- CSV download
M3 Growth Rate — YoY (1981–2026)
Annual growth rate of M3. Contracted in 2023 for the first time in euro era history. Now recovering at ~3.3%.
- ECB/BSI — updated monthly
- CSV download
Credit & Sovereign Spreads
Bank lending to the real economy, sovereign fragmentation indicators, and the ECB’s composite systemic-stress index — the transmission mechanism of ECB policy.
5 datasets · Updated daily & monthly
CISS — Composite Indicator of Systemic Stress (1980–2026)
The ECB’s flagship financial stress index. 15 raw indicators across money-market, bond, equity, financial-intermediary and FX segments, aggregated by time-varying cross-correlations. Peaked at 0.94 after Lehman (Nov 2008); near zero in early 2026.
- ECB series SS_CIN — updated daily
- 12,000+ observations
- CSV download · No API key needed
Bank Loans to Households (2003–2026)
MFI loans to euro area households — ~75% housing loans. The direct transmission channel of ECB rate policy to the real economy.
- ECB/BSI — updated monthly
- CSV download
Bank Loans to Non-Financial Corps (2003–2026)
MFI loans to NFCs. EU firms are ~70% bank-financed (vs ~30% in the US). The most direct credit cycle measure for Europe.
- ECB/BSI — updated monthly
- CSV download
Italy–Germany 10Y Spread (1993–2026)
BTP-Bund spread — the primary euro area fragmentation indicator. 550+ bps in 2011 crisis, ~70 bps currently. Inversely correlated with ECB credibility.
- Eco3min composite — updated monthly
- CSV download
France–Germany 10Y Spread (1993–2026)
OAT-Bund spread — widened sharply in 2024 amid French fiscal and political instability. A new fragmentation risk for the euro area.
- Eco3min composite — updated monthly
- CSV download
Real Economy & Activity
GDP, industrial production, unemployment — the hard data that defines the European business cycle.
3 datasets · Updated monthly & quarterly
Euro Area GDP (1995–2026)
Real GDP (chain linked volume, seasonally adjusted). The headline measure for the 20-country monetary union.
- ECB/MNA — updated quarterly
- CSV download
Euro Area Unemployment Rate (1998–2026)
Record low 6.2% in early 2026. Wide dispersion: Spain ~11% vs Germany ~3.5%. The divergence within the monetary union.
- ECB/Eurostat LFSI — updated monthly
- CSV download
Euro Area Industrial Production (1991–2026)
Total industry excluding construction. In structural decline relative to services — down ~5% from 2018 peak.
- ECB/Eurostat STS — updated monthly
- CSV download
France — INSEE & Banque de France
National French series that the ECB does not publish: house prices, the national CPI, the legal rent index, mortgage rates, and two Eco3min composites built from them. Sourced from INSEE and the Banque de France, chained across base changes into continuous series.
7 datasets · Updated monthly & quarterly
France House Price Index — Notaires-INSEE (1996–2026)
The official French existing-dwelling price index, chained across INSEE base 2010 and base 2015 into one continuous quarterly series. The reference used by the Banque de France and the IGEDD.
- INSEE/IPLA — updated quarterly
- 121 observations · base 100 = 2015
- CSV download · No API key needed
France Real House Price Index (1996–2026)
Composite: house prices deflated by the national CPI. Down 12.2% from the 2022 peak against just 4.8% nominal — the gap inflation delivered.
- Eco3min composite — updated quarterly
- CSV download
France Consumer Price Index (1990–2026)
The INSEE national CPI, all households, chained across base 2015 and base 2025. The index French law uses to revalue the SMIC, pensions and rents.
- INSEE/IPC — updated monthly
- 439 observations · base 100 = 2025
- CSV download
France Inflation Rate — YoY (1991–2026)
Year-over-year change in the national CPI. Peaked at 6.28% in Feb 2023, below the euro area peak — regulated tariffs capped the pass-through.
- INSEE/IPC — updated monthly
- 427 observations
- CSV download
France Rent Reference Index — IRL (2002–2026)
The only index French law allows for revising residential rents. Up 40.5% since 2002 against 48.5% for consumer prices — an eight-point lag.
- INSEE/IRL — updated quarterly
- 95 observations · base 100 = Q4 1998
- CSV download
France Mortgage Rate (2014–2026)
Banque de France MIR rate on new fixed-rate housing loans — the effective contracted rate, not a broker barometer. Tripled between 2021 and 2023.
- Banque de France/MIR1 — updated monthly
- 137 observations
- CSV download
France Bank Mortgage Spread (2014–2026)
Composite: mortgage rate minus 10-year OAT yield. Negative in 31 of 137 months, in two episodes with opposite causes. Published nowhere else.
- Eco3min composite — updated monthly
- CSV download
All Datasets (A–Z)
Complete alphabetical index of all 33 datasets. Each page includes key statistics, CSV download, Python/R code examples, and the upstream series key.
- Bank Loans to Households
- Bank Loans to Non-Financial Corps
- CISS — Composite Indicator of Systemic Stress
- ECB Deposit Facility Rate
- ECB Main Refinancing Rate — MRO
- Euro Area 10Y Yield — AAA
- Euro Area 10Y Yield — All Issuers
- Euro Area GDP
- Euro Area Industrial Production
- Euro Area Unemployment Rate
- Eurosystem Total Assets
- France 10Y Government Bond Yield
- France Bank Mortgage Spread
- France Consumer Price Index
- France House Price Index — Notaires-INSEE
- France Inflation Rate — YoY
- France Mortgage Rate
- France Real House Price Index
- France Rent Reference Index — IRL
- France–Germany 10Y Spread
- Germany 10Y Government Bond Yield
- HICP Core — Ex Food & Energy
- HICP Food Inflation
- HICP Headline Inflation
- HICP Index Level
- HICP Services Inflation
- Italy 10Y Government Bond Yield
- Italy–Germany 10Y Spread
- M3 Growth Rate — YoY
- M3 Money Supply — Stock
- Marginal Lending Facility Rate
- Real Deposit Facility Rate
- €STR — Euro Short-Term Rate
Data Sources & Access
Euro area data is sourced from the ECB Data Portal via the SDMX 2.1 REST API. French national data comes from INSEE and the Banque de France. No API key, no authentication, no rate limit issues.
API endpoint: data-api.ecb.europa.eu/service/data
ECB licence: ECB open data — free reuse with attribution. CC BY 4.0.
French licences: INSEE public statistics may be reused, including commercially, with acknowledgement of the source. Banque de France data is published under the Licence Ouverte 2.0.
Related Hubs
This European hub complements the US-focused macro data:
Cite This Data
ECB series licensed under CC BY 4.0. INSEE and Banque de France series reusable with attribution.
Last updated — 4 August 2026
Disclaimer – Financial Information: The analyses, commentary, and content published on eco3min.fr are provided for informational and educational purposes only. They do not constitute investment advice or a solicitation to buy or sell financial instruments. Past performance is not indicative of future results. All investment decisions involve risk and are the sole responsibility of the reader.