Euro Coin Indicator signals a sharp downturn ahead

 

In January 2008 €-coin points to a marked slowdown in euro area underlying growth rate (0.38%, it was 0.54% in December). The sharp drop in €-coin is due to the dismal turnout in stock markets this month and weakness of industrial productions recorded in November.

 

 

Most recent real-time €-coin figures:

 

Month	€-COIN
August 2007	0.71
September 2007	0.66
October 2007	0.64
November 2007	0.59
December 2007	0.54
January 2008	0.38

 

 

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