At the same time, Europe is facing new challenges, not least a return to fragmentation at the global level and the United Kingdom’s departure from the EU, amid heightened political uncertainty. In this context, I would like to give an overview of where we are in terms of European financial integration and draw lessons for the concrete policy actions that would promote integration.
On the other hand, the share of price-increasing items minus the share of price-decreasing items in the CPI, as well as daily and weekly indices of the prices of food and daily necessities, have been on a remarkable expanding trend since last spring up to the present (Chart 6).