Like all new products, new financial products typically experience very rapid growth in their early years, as users discover their advantages. •  Second, innovation has provided savers and investors with more variety, giving them greater scope to adjust their portfolios.
Structural policies should aim at raising the euro area’s growth potential and supporting its resilience. Inflation Inflation rose further to 9.1 per cent in August. Energy price inflation remained extremely elevated, at 38.3 per cent, and it was again the dominant component of overall inflation.