The Euribor continues its upward trend and stands at 3.53% in its monthly rate for February
The reference index of variable rate mortgages rises for the fourteenth consecutive month and completes another record of year-on-year rise
-
listen to the page
listen to the page -
Euskaraz irakurri
Euskaraz irakurri: Euriborrak goranzko joerari eutsi gave eta % 3,53an kokatu da otsaileko hileko tasan
The reference index for variable-rate mortgages rises for the fourteenth consecutive month and completes another record year-on-year increase with 386 basis points compared to February 2022.
Thus, the 12-month Euribor stood at 3.53% in February at its average price, 20 points more than in January (3.33%) and 386 basis points more than twelve months ago, when it was still trading negative. (-0.33%).
In just 14 months, since December 2021, the index has broken the barrier of 400 basis points of escalation.
Source: Eitb
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
