Latest data up to end-May 2024, show a tightening in financial conditions; climbing towards its two-year high in November 2023. The average value of the FCI over the past 12 months was up 5.9% compared with the average for the previous 12 months. Comparing only the month of March 2024 with March 2023, the FCI showed an increase of 10.9% y/y, while the month-on-month change showed also increase by 1.5%.
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