€-coin indicator: April 2012

In April the recovery in the €-coin indicator came to a halt.

In April the €-coin indicator worsened slightly, declining to -0.08% from -0.03% in March, and interrupting the improvement that had been under way since the beginning of the year.

This result reflects the downturn in share prices and the deterioration in consumer and business confidence, offset in part, however, by the growth in exports.