Monetary conditions index (MCI)

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Provided by Directorate-General for Economic and Financial Affairs

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Dataset information

Country of origin
Updated
Created
Available languages
English
Keywords
monetary conditions index
Quality scoring
255

Dataset description

This dataset includes Monetary Conditions Index (MCI) calculated by DG ECFIN. A Monetary Conditions Index (MCI) is an index number calculated from a linear combination of the short-run real interest rate and the real effective exchange rate. As a rule, the weights reflect the relative effects of the respective MCI component on aggregate demand (or in some cases on inflation).
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