Bankitalia: Euro-coin indicator remained unchanged in April

In April, the Euro-coin indicator remained stable compared to the previous month (at 0,25). The trend of the indicator – reports a note from the Bank of Italy – benefited from the recovery of industrial production but was affected by the worsening of the climate of confidence of businesses and families.

Euro-coin – developed by the Bank of Italy – provides a real-time synthetic estimate of the current economic situation in the euro area, expressing this indication in terms of the quarterly GDP growth rate adjusted for the most erratic components (seasonality, measurement errors and short-term volatility). It is published monthly by the Bank of Italy and the CEPR.

Bankitalia: Euro-coin indicator remained unchanged in April

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