€-coin picks up in August but remains negative
The €-coin indicator remained negative for the seventh consecutive month in August, though it improved compared with the previous month (to -0.34, from -0.56 in July).
€-coin was driven by the fall in producer prices and the recovery in some demand indicators, which offset the deterioration in household and business confidence.
Annexes
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1 September 2023Eurocoin indicator: August 2023pdf 305.6 KB