Latest data up to end-June 2022, show that financial conditions have eased compared with the prior month, with the index declining by 2.6%. The average value of the FCI over the past 12 months was still up, by 1.6% compared with the average for the previous 12 months. However, comparing only the month of June 2022 with June 2021, the FCI was down sharply by 19.1% y/y.
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