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Main findings from the ECB’s recent contacts with non-financial companies

Author

Listed:
  • Le Breton, Gwenaël
  • Morris, Richard
  • Roma, Moreno

Abstract

This box summarises the main findings from contacts between ECB staff and representatives of 66 leading non-financial companies operating in the euro area. The exchanges took place between 23 March and 1 April 2021. According to these contacts, activity in much of the services sector continued to be strongly influenced by the prevalence of lockdowns and travel restrictions. Meanwhile, in the manufacturing sector, supply was increasingly failing to keep up with demand owing to shortages of inputs, which may continue for some weeks or months. Industrial companies pointed to some upward movement in prices, while prices in the services sector remained subdued. JEL Classification: E2, E3, L2

Suggested Citation

  • Le Breton, Gwenaël & Morris, Richard & Roma, Moreno, 2021. "Main findings from the ECB’s recent contacts with non-financial companies," Economic Bulletin Boxes, European Central Bank, vol. 3.
    • Handle: RePEc:ecb:ecbbox:2021:0003:2
    Note: 1332996
    as

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    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2021/html/ecb.ebbox202103_02~2f69cb596f.en.html
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    More about this item

    Keywords

    Activity; Business; Prices; Survey;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior

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