Rising oil prices, higher inflation and the rupee at a record low – India is hit hard by the consequences of the West Asia crisis. At the same time, consumption and investment are supporting high growth. An exclusive expert forum in Mumbai analyses developments.

During his visit to the House of the Euro in Brussels, Bundesbank President Nagel said in a keynote speech, „The digital euro has moved far beyond a technical concept – it is now a political project for more sovereignty”. These remarks came ahead of a panel discussion on the digital euro and its significance for Europe’s strategic autonomy.

The continual observation of price stability is based on analyses of price statistics. Particular attention is usually paid to the German Harmonised Index of Consumer Prices (HICP) and the national Consumer Price Index (CPI), which are both published by the Federal Statistical Office and often used throughout the EU and as inflation measures.

With new cooperation agreements, the Bundesbank is strengthening its relations with the central banks of Chile and Argentina. The formal partnerships are intended to promote dialogue and an exchange of ideas on topics relating to central banking, such as innovation and cash management, and to facilitate joint projects.

The Bundesbank launched the first activity under the recently extended European System of Central Banks (ESCB) programme for African central banks, funded by the European Union (EU), with a training event on cash management in Frankfurt am Main.

The statistics on services by mode of supply provide information on how the service was provided. A distinction is made between four categories.