New increase for the eurocoin. This was revealed by the Bank of Italy, according to which in March the aggregator, which expresses the quarterly growth rate of GDP net of the most erratic components, rose to 0,38 from 0,35 in February, returning to levels similar to those of summer 2011. According to Bank of Italy, the indicator was driven by the increase in share prices and by the consolidation of household and business confidence.
Bank of Italy: Eurocoin index rises to 0,38, at 2011 levels
According to data released by Bank of Italy, the indicator, which expresses the quarterly growth rate of GDP net of the more erratic components, rose to 0,38 in March from 0,35 in February - the eurocoin thus returns to the levels reached in summer of 2011.
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
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