€-coin remained essentially stable in February

• In February, €-coin stood at a level close to that of the previous month (0.43, compared with 0.39 per cent in January).
• The indicator was buoyed by the improvement in business and consumer confidence and by the positive developments in wages; it continues to be held back by persistently weak manufacturing.
• The €-coin indicator developed by Banca d’Italia provides a summary index of the current economic situation in the euro area. The indicator is an estimate of quarterly GDP growth shorn of the most erratic components (seasonal variations, measurement errors and short-run volatility). €-coin is published monthly by Banca d’Italia and CEPR.
• The next publication dates for €-coin are Thursday, 3 April 2025 and Monday, 5 May 2025 (to be confirmed).

More information: Cyclical coincident indicator of the euro area economy (€-coin)