ECB Report

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ECB Report
by Redakcja Aktualności - Monday, 4 June 2018, 6:11 PM

ECB Press Release about Report on the results of the Survey on the Access to Finance of Enterprises in the euro area – October 2017 to March 2018. The financial situation of firms further improved, albeit at a slower pace than in the previous survey round. From October 2017 to March 2018, the percentage of euro area SMEs reporting a higher turnover decreased (24%, down from 27%). The moderation in turnover was also reflected in profits, as 4% of euro area SMEs reported increases, down from 5%, in a context of growing labour costs (50%, up from 49%) and other production costs (54%, up from 48%).

Source: ECB