Latest data up to end-May 2022, show that financial conditions have remained largely stable compared with the previous month, dipping slightly by 0.8%. The average value of the FCI over the past 12 months was still up, by 5.5% compared with the average for the previous 12 months. However, comparing only the month of May 2022 with May 2021, the FCI was down 16.2% y/y.
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