€-coin improves slightly again in February

Thursday, February 28, 2013
  • In February €-coin remained negative (-0.20%), though with a slight improvement of 0.03 percentage points compared with January.
  • The modest improvement is ascribable chiefly to the favourable results of the surveys on industrial firms’ confidence.
  • 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.
  • Next €-coin release dates: Friday 29 March and Friday 26 April (provisional).
Attachments: 
PDF icon EuroCOIN Press Release February 2013.pdf