Latest data up to end-September 2022, show that financial conditions have again tightened marginally compared with the prior month, with the index rising by 0.7%. The average value of the FCI over the past 12 months was still down, by 3%, compared with the average for the previous 12 months. However, comparing only the month of August 2022 with August 2021, the FCI was only lower by 1.1% y/y.
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