Latest data up to end-December 2020 show that financial conditions have eased significantly since early 2020. The average value of the FCI over the past 3 months, was down 0.7% compared with the previous 3 months, with the constituent variables showing changes to varying degrees. Year-on-year, the overall indicator was down 18% in December, with the month-on-month change amounting to -1.8%.
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