CEPR: €-coin indicator records a further increase in April

01 May 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.

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