The eurocoin indicator, which measure the current economic situation in the euro area, rose for the sixth consecutive month in May, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday.
The eurocoin indicator increased to 0.38 in May from 0.33 in the previous month. In March, the score was 0.26.
The rise in May was mainly driven by foreign trade. Industrial dynamics also contributed positively to the index, the think tank said.
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