The Bank of Italy reported that €-coin, its indicator of underlying euro area economic growth, rose to 0.84 in August from 0.54 in July. The increase reflected improved expectations among households and firms and positive financial market performance. Published monthly with the Centre for Economic Policy Research, €-coin estimates quarterly euro area GDP growth after removing seasonal variations, measurement errors and short-term volatility.
2026-09-02Bank of Italy
Bank of Italy reports €-coin rises markedly to 0.84 in August
The Bank of Italy’s €-coin indicator rose to 0.84 in August from 0.54 in July. Improved household and business expectations and positive financial market performance drove the increase.