(Finance) – A March 2024 the indicator Eurocoins And increased for the second consecutive month (to 0.15 from -0.31 in February), returning positive for the first time since the beginning of last year. This was announced by the Bank of Italy, explaining that the growth of the indicator mainly reflected the positive dynamics of share prices and the recovery of qualitative indicators on activity.
Eurocoin – developed by the Bank of Italy – provides real-time summary estimate of the current economic situation in the euro areaexpressing this indication in terms of the quarterly growth rate of GDP stripped of the most erratic components (seasonality, measurement errors and short-term volatility).
Bank of Italy, Eurocoin indicator increases again in March
