Not exact matches
Eurostat stated that eurozone unemployment was 10.9 % in July, the first time it fell below 11 % since February 2012,
while a range of leading indicators (such as the Markit composite purchasing managers» index, the European Commission's Economic Sentiment Index and
money supply data) suggest
growth has continued apace in the third quarter.
Contractionary monetary policy slows the rate of
growth in the
money supply or outright decreases the
money supply in order to control inflation;
while sometimes necessary, contractionary monetary policy can slow economic
growth, increase unemployment and depress borrowing and spending by consumers and businesses.
Consumer prices might also lag behind
growth in the
money supply; so
while massive amounts of new
money have been pumped into the system, it takes a
while for that to show up in higher consumer prices.
But
while experts use numbers, charts and statistics such as the unemployment rate,
money supply growth, exchange rate fluctuations and various market indexes to track the economy, consumers can also detect what's going on based on what they see at the cash register.