€-coin decreased in March

• €-coin fell, from 0.43 in February to 0.25 in March.
• The fall in the indicator was influenced by worsening consumer confidence and the weakening of the qualitative indicators for services.
• The €-coin indicator developed by Banca d’Italia provides a summary index of the current economic situation in the euro area. The indicator is an estimate of quarterly GDP growth shorn of the most erratic components (seasonal variations, measurement errors and short-run volatility). €-coin is published monthly by Banca d’Italia and CEPR.
• The next publication dates for €-coin are Monday, 5 May 2025 and Wednesday, 4 June 2025 (to be confirmed).

More information: Cyclical coincident indicator of the euro area economy (€-coin)