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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
- The external environment of the euro area
- Monetary and financial developments
- Prices and costs
- Output, demand and the labour market
- Fiscal developments
- Eurosystem staff macroeconomic projections for the euro area
- Boxes:
- 1 Additional non-standard monetary policy measures decided by the Governing Council on 8 December 2011
- 2 Labour market mobility in the central and eastern European EU Member States, compared with that of the euro area, Denmark and Sweden
- 3 Recent developments in the financial account of the euro area balance of payments
- 4 Liquidity conditions and monetary policy operations in the period from 10 August to 8 November 2011
- 5 Estimating real yields and break-even inflation rates following the recent intensification of the sovereign debt crisis
- 6 The results of the “Survey on the access to finance of small and medium-sized enterprises in the euro area”
- 7 Revisions to forecasts in the ECB Survey of Professional Forecasters: end-2011 compared with end-2008
- 8 Output volatility in the euro area
- 9 Recent developments in the car industry in major euro area countries
- 10 Recent sectoral productivity developments in the euro area and the United States
- 11 Stronger EU economic governance framework comes into force
- 12 Fiscal devaluation – a tool for economic adjustment
- 13 Technical assumptions about interest rates, exchange rates, commodity prices and fiscal policies
- 14 Forecasts by other institutions
- Euro Area Statistics
- Annexes
- Chronology of monetary policy measures of the Eurosystem
- The TARGET (Trans-European Automated Real-time Gross settlement Express Transfer) system
- Publications produced by the European
- Central Bank
- Glossary
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