€-coin rises slightly in November
Friday, November 29, 2019
- The €-coin indicator rose slightly from 0.13 in October to 0.15 in November, confirming that modest expansion in economic activity in the euro area continues.
- The indicator benefited from good stock market performance, however it was also held back by the persistent weakness in manufacturing.
- 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, 20 December and Friday, 31 January (provisional).
€-coin and euro-area GDP – November 2019
Sources: Bank of Italy and Eurostat.
More information is available at http://eurocoin.cepr.org/