logo
Plus   Neg
Share
Email

Eurocoin Indicator Strongest Since 2006

A measure reflecting the current economic situation in euro area reached its highest level in more than eleven years in December, results of a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday.

The euro-coin indicator rose to 0.91 in December from 0.84 in November. This was the highest reading since May 2006.

The indicator benefited from greater household and business optimism and from the strengthening of the industrial cycle.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT