Monetary Bulletin 2008/2

Vol. 10 no. 2 July 2008

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Contents and editorial information

Monetary policy statement by the Board of Governors

Policy rate remains unchanged

Economic and monetary development and prospects

Higher inflation and lower output growth

I Inflation outlook and monetary policy

II External conditions and exports

III Financial conditions

IV Domestic demand and output

V Public sector finances

VI Labour market and wage developments

VII External balance

VIII Inflation developments

IX Inflation forecast

Appendix 2

Appendix 3

Financial markets and Central Bank measures

Continuing turmoil in the financial markets

Monetary policy and instruments

Economic and monetary chronicle

Tables and charts

Data for charts

Boxes and appendices