Eurocoin Indicator Stabilizes At Negative Level

Eurocoin Indicator Stabilizes At Negative Level


The Eurocoin indicator which is designed to measure the current economic situation in the Eurozone in GDP terms, came in at -0.32 in September compared to -0.33 in August, data from a survey by Bank of Italy and the Center for Economic Policy Research showed Friday.
The index has remained in negative territory since October 2011.
Set against the improvement in share prices and the easing of sovereign debt tensions, the indicator was held down by the slightly worse results of opinion surveys of firms and households, the report revealed.