Latest data up to December 2017 show that conditions remained tight, with the slight easing in November disappearing. Compared with a year ago, the FCI is up by more than 2 points. Three of the five constituent variables have tightened or remained at levels as at the end of 2016, while the overall indicator was higher by 2.5% compared with a year ago and up by 11.4% compared with December 2015.
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