in February theeuro coin it continued to increase, to 0,35 from 0,31 in January, reaching positive values for the sixth consecutive month.
"The indicator - informs a note from the Bank of Italy - benefited from the trend in household and business confidence, as well as from that of share prices".
Euro-coin, developed by the Bank of Italy, provides a real-time synthetic estimate of the current economic situation in the euro area. Euro-coin re-expresses this indication in terms of the quarterly GDP growth rate purged of the most erratic components (seasonality, measurement errors and short-term volatility).