€-coin picks up in September but remains negative
The €-coin indicator rose in September (to -0.18, from -0.34 in August), while still confirming the underlying weakness in euro-area activity.
The upward trend reflected a rebound in a number of demand indicators, which more than offset the deterioration in household and business confidence.
Annexes
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29 September 2023Eurocoin indicator: September 2023pdf 573 KB