€-coin increases slightly in June
Friday, June 26, 2015
The €-coin indicator rose slightly in June, for the seventh consecutive month, to 0.39 (from 0.38 in May).
The main support to the indicator came from foreign trade, the effects of which were partly offset by weak industrial activity.
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 31 July and Friday 28 August (preliminary).
More information is available on eurocoin.cepr.org.
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