V VI VII VIII IX X XI XII I II
Ex
te
rn
al
in
fla
tio
na
ry
p
re
ss
ur
es...ness
EUR/USD exchange rate
Global supply chain pressure index (GSCPI)
Do
m
...
The behaviour of banks over the economic cycle increas-
es the output volatility...European banking systems
In some member states, the strong upswing in the real...
V VI VII VIII IX X XI XII I II
Ex
te
rn
al
in
fla
tio
na
ry
p
re
ss
ur
es...ness
EUR/USD exchange rate
Global supply chain pressure index (GSCPI)
Do
m
...
