Latest data up to end-June 2023, show that financial conditions had ticked up to its highest level in two years. The average value of the FCI over the past 12 months was up 1% compared with the average for the previous 12 months. Comparing only the month of June 2023 with June 2022, the FCI showed a rise of 7% y/y, while the month-on-month change was 5%.
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