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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 and monetary developments in the euro area
- Monetary and financial developments
- Price developments
- Output, demand and labour market developments
- Fiscal developments
- Eurosystem staff macroeconomic projections for the euro area
- The global macroeconomic environment, exchange rates and the balance of payments
- Boxes:
- Monetary presentation of the euro area balance of payments
- The impact of financial factors on corporate investment in the euro area
- Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 May 2003
- A comparison of the available labour cost indicators in the euro area: conceptual differences and their behaviour in the period 1999-2002
- New flash estimates of quarterly real GDP for the euro area
- The contribution of inventory changes to business cycle fluctuations
- The excessive deficit procedure
- Sound fiscal policies for stability and growth in the euro area
- Comparison with December 2002 Projections
- Forecasts by other institutions
- Euro effective exchange rate developments from a historical perspective
- The outcome of the ECB’s evaluation of its monetary policy strategy
- Euro area statistics
- Chronology of monetary policy measures of the Eurosystem
- The TARGET (Trans-European Automated Real-time Gross settlement Express Transfer) system
- Documents published by the European Central Bank
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