The eurocoin indicator, which measures the current economic situation in the euro area, rose for the third successive month in February, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday.
The eurocoin indicator rose to 0.23 in February from 0.16 in January. It was the highest figure since July, when the score 0.27.
The rise in February was due in part to the moderate expansion of economic activity registered in the fourth quarter of last year and in part to a broad-based improvement in household and business confidence, the think tank said.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.