€-coin remains high in July

4 August 2021

Despite decreasing slightly in July (to 0.88, from 0.96 in June), €-coin continues to point to an expansionary phase in the euro-area economy.

The slowdown in manufacturing, which was reflected in lower business confidence in the sector, outpaced the gradual recovery in services, connected with the easing of the restrictions adopted to contain the pandemic.

Annexes

  1. 4 August 2021
    Eurocoin indicator: July 2021
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