RTTNews - Wednesday, a joint report from the Bank of Italy and the Centre for Economic Policy Research or CEPR showed that the euro-coin indicator rose to minus 0.89 from revised minus 1.09 in April. The indicator rose for the third straight month.
It is therefore confirmed that the Euro area GDP trend growth has risen from the low reached in 2009 Q1, though remaining very subdued, the Bank of Italy said.
The euro-coin provides a single number that summarizes, in real time, the current economic outlook for the Euro Area.
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