Monetary conditions index (MCI)

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Provided by Directorate-General for Economic and Financial Affairs

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Dataset information

Catalog

Directorate-General for Economic and Financial Affairs

Country of origin

EU institutions

Updated

Created

Available languages

English

Keywords

monetary conditions index

Datasource

Official portal for European data link

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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