Build #: 12548

Weight component of euro area month-to-month level change

The Bennet binary index on weights disentangles the part of the variation in the euro area interest rate that is attributable to a change in the country weights, i.e. changes in the business volumes, from the part of the variation that is attributable to a price component (the pure change in the national interest rates). The component is calculated for each bank interest rate indicator.