Italy May private sector loans up 1% - Bank of Italy

Loans to the Italian private sector in May rose an annual 1.0%, accelerating from the 0.8% increase seen in April, according to data released by the Bank of Italy. Loans to households were broadly steady at up 2.5% from up 2.4% in April while those to non financial corporations were up 0.3% from up 0.2% in the earlier month. Private sector deposits increased an annual 4.0% after rising 3.8% the earlier month. RADIOCOR