(Finance) – The € -coin indicator worsened in Aprilrelating to the state of health of the economy of the Euro Area, decreased to 0.61 from 0.77 in March. This is what it communicates Bank of Italy.
The decrease in the indicator – it is emphasized – contributed to reduction of the climate of trust of businesses and households e the rise in the yield curve of the securities of the Euro Area.
€ -coin is an indicator developed by the Bank of Italy and published monthly by the Bank of Italy and the CEPR, which provides in real time a synthetic estimate of the current economic situation in the euro area, expressing this indication in terms of rate of quarterly GDP growth net of the most erratic components (seasonality, measurement errors and short-term volatility).