CEPR News
€-coin remains stable in July
In July, €-coin remained unchanged from the previous month, at 0.16
- In July, €-coin remained unchanged from the previous month, at 0.16.
- Its performance was driven by employment growth, while it continued to be held back by persistent weakness in the manufacturing sector.
- The €-coin indicator developed by the Bank of Italy 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 the Bank of Italy and CEPR.
- The next publication dates for €-coin are Wednesday, 4 September 2024 and Friday, 4 October 2024 (to be confirmed).
