€-coin is a cyclical coincident indicator of euro-area economic activity that is updated in real time and released monthly. As such, it offers a monthly and timely estimate of the current state of the economy, free of short-term fluctuations.
The indicator draws on a large number of economic variables (industrial production, business surveys, stock market and financial data, demand indicators, and more) and extracts the information needed for forecasting medium- to long-term GDP growth.
It is published in collaboration with the Centre for Economic Policy Research (CEPR).
€-coin holds steady in September
- In September €-coin stood at a level close to that of the previous month (0.48, compared with 0.47 in August).
- The indicator benefited from signs of resilience in manufacturing activity, while it was dampened by caution in consumer spending.
YouTube
X - Banca d'Italia
Linkedin
RSS
E-mail Alert
