ECB Monthly Bulletin | May 2006

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
  • Exchange rate and balance of payments developments
  • Boxes:
    • Longer-term developments in loans to the private sector
    • The results of the April 2006 bank lending survey for the euro area
    • Results of the ECB Survey of Professional Forecasters for the second quarter of 2006
    • Estimates of the euro area capital stock
    • The usefulness of business tendency survey indicators for conjunctural analysis
• Articles
  • The contribution of the ECB and the Eurosystem to European financial integration
  • The single list in the collateral framework of the Eurosystem
  • Equity issuance in the euro area
• Euro Area Statistics
• Annexes
  • Chronology of monetary policy measures of the Eurosystem
  • Documents published by the European Central Bank since 2005
  • Glossary