Conjoncture Flash July 2023: Monetary tightening continues

Successive increases in key rates have tightened financing conditions and dampened the outlook for investment and activity in the euro area. Inflation is slowing as a result of the fall in energy prices, but it remains high, due to prices of food and services, which are not particularly sensitive to monetary tightening.

Year of publication
2023
Author
Statec
Collection
Conjoncture Flash
Editor
Statec
Language(s)
English
Theme(s)
Total economy and prices
Number of pages
4
Type(s)
Conjoncture Flash
Document format
Pdf
File size
164 Kb
Download (EN, Pdf - 164 Kb)
  1. Tighter financial conditions weigh on activity
  2. Weak outlook at the start of the third quarter
  3. Decline in transactions and sale prices
  4. Hours worked remain on a downward trend
  5. Compensation per employee accelerates in Luxembourg and the euro area
  6. Slightly less pressure on food prices
  7. Less volatility in electricity and gas prices on markets
  8. Tax revenues continue to rise

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This publication was produced by Bastien Larue and his team.
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