ECB Monthly Bulletin | September 2001

Summary:

The Monthly Bulletin was published from January 1999 to December 2014. The Monthly Bulletin was published one week after each monetary policy meeting of the ECB's Governing Council. It explained the monetary policy decision and provided a detailed analysis of the current economic situation and risks to price stability.

Table of Contents:

• Editorial
• Economic developments in the euro area
  • Monetary and financial developments
  • Price developments
  • Output, demand and labour market developments
  • Fiscal developments
  • The global macroeconomic environment, exchange rates and the balance of payments
• Boxes:
  • Implications of the cash changeover for currency in circulation and monetary aggregates in the euro area
  • Financing and investment of the non-financial sectors of the euro area in 2000
  • Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 August 2001
  • Recent declines in commodity prices easing upward pressures on producer prices
  • The August 2001 Survey of Professional Forecasters (SPF)
  • The sensitivity of euro area growth to the measurement of ICT prices
  • Commodity and geographical breakdown of euro area external trade
• Euro area statistics
• Chronology of monetary policy measures of the Eurosystem
• The TARGET (Trans-European Automated Real-time Gross settlement Express Transfer system)
• Documents published by the European Central Bank (ECB)