ECB Monthly Bulletin | July 2001

Summary:

The Monthly Bulletin was published from January 1999 to December 2014. The Monthly Bulletin was published one week after each monetary policy meeting of the ECB's Governing Council. It explained the monetary policy decision and provided a detailed analysis of the current economic situation and risks to price stability.

Table of Contents:

• Editorial
• Economic developments in the euro area
  • Monetary and financial developments
  • Price developments
  • Output, demand and labour market developments
  • Exchange rate and balance of payments developments
  • Boxes:
    • Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 June 2001
    • Autonomous liquidity factors in the euro area and the use of the forecasts of liquidity needs provided by the ECB
    • Rising HICP inflation since early 1999 has been accompanied by moderate changes in inflation dispersion across euro area countries
    • The Broad Economic Policy Guidelines 2001
• New technologies and productivity in the euro area
• Measures of underlying inflation in the euro area
• Euro area statistics
• Chronology of monetary policy measures of the Eurosystem
• Documents published by the European Central Bank (ECB)