€-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 remains stable in November
- €-coin remained broadly unchanged in November (0.48, against 0.49 in October).
- It continued to benefit from the good performance of the confidence indicators for the ser-vices sector, despite the still weak conditions in manufacturing.
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