€-coin indicator records a further increase in April
Thursday, April 30, 2015
The €-coin indicator rose in April, for the fifth month running, to 0.33 (from 0.26 in March). The indicator was mainly buoyed by the increase in industrial production and rising share prices.
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 May and Friday 26 June (preliminary).
More information is available here.
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