€-coin declines more moderately in October - 2022
€-coin picked up somewhat in October (to stand at -0.31 from -0.73 in September), but remained in deeply negative territory.
The improvement mainly reflected the better-than-expected GDP figure for the third quarter and, to a lesser extent, industrial activity holding firm. €-coin has continued to be affected by the persistent contraction in business confidence.
Annexes
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4 November 2022Eurocoin indicator: October 2022pdf 383 KB