Latest data up to end-August 2024, show a slight loosening in financial conditions; down from its two-year high in July 2024. The average value of the FCI over the past 12 months was up 6.5% compared with the average for the previous 12 months. Comparing only the month of August 2024 with August 2023, the FCI showed an increase of 6.9% y/y, while the month-on- month change showed a decrease of 0.9%.
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