ECB Monthly Bulletin | February 2012

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
  • The external environment of the euro area
  • Monetary and financial developments
  • Prices and costs
  • Output, demand and the labour market
  • Boxes:
    • 1 The results of the euro area bank lending survey for the fourth quarter of 2011
    • 2 Implementation of new collateral rules and reserve requirements
    • 3 A sectoral account perspective of imbalances in the euro area
    • 4 Integrated euro area accounts for the third quarter of 2011
    • 5 Base effects and their impact on HICP inflation in 2012
    • 6 Average price increases since the euro cash changeover
    • 7 Results of the ECB Survey of Professional Forecasters for the first quarter of 2012
• Articles
  • Money and credit growth after economic and financial crises – a historical global perspective
  • Corporate indebtedness in the euro area
  • Euro area cross-border financial flows
• Euro Area Statistics
• Annexes
  • Chronology of monetary policy measures of the Eurosystem
  • Publications produced by the European
  • Central Bank
  • Glossary

• Alternative Source 1