ECB SAFE Survey: Firms reported further net tightening of bank loan interest rates and other loan conditions related to price and non-price factors.
Importance
Level 1
- Firms reported further net tightening of bank loan interest rates and other loan conditions related to price and non-price factors.
- Financing needs remained stable, but availability of bank loans deteriorated marginally.
- Firms expected stronger increases in selling prices and non-labour input costs, whereas wage expectations moderated slightly.
- Short-term inflation expectations increased markedly, with medium-term inflation expectations remaining stable.