In November 2018 non-financial sector indebtedness stood at €723.1 billion, of which €323.4 billion referred to the public sector and €399.8 billion to the private sector.

Compared with October 2018, non-financial sector indebtedness increased by €1.6 billion. This increase was due to a €1.2 billion increase in public sector indebtedness and to a €0.4 billion increase in private sector indebtedness (Chart 1).

The increase in public sector indebtedness was mostly due to a rise in financing granted by the non-resident sector and the general government (Chart 2).

As regards private sector indebtedness, there was a €0.3 billion increase in the indebtedness of corporations vis-à-vis the financial sector.