EuroCOIN Points to Stagnation in Euro Area
The latest value of the EuroCOIN™ indicator released by the Centre for Economic Policy Research (CEPR) shows:
- CEPR’s EuroCOIN reading for May 2005 points to a slowdown of economic activity for the 12 countries that make up the euro area. The upturn signal of March and April is not confirmed, indicating that we are still in a period of uncertainty.
- In the euro area, the cyclical component of quarterly GDP growth decreased from 0.418 in April to 0.351 in May. The April figure has been revised downwards.
- The overall indicator weights signals coming from different macroeconomic variables. Interest rates, industrial production indices, financial variables and labour-related variables point to a reduction of growth, whereas surveys give a positive signal for the first time since January 2005.
- EuroCOIN figures from February 2005 are provisional and may be subject to revision.
Media Contact
More Information:
http://www.cepr.orgAll latest news from the category: Business and Finance
This area provides up-to-date and interesting developments from the world of business, economics and finance.
A wealth of information is available on topics ranging from stock markets, consumer climate, labor market policies, bond markets, foreign trade and interest rate trends to stock exchange news and economic forecasts.
Newest articles
Properties of new materials for microchips
… can now be measured well. Reseachers of Delft University of Technology demonstrated measuring performance properties of ultrathin silicon membranes. Making ever smaller and more powerful chips requires new ultrathin…
Floating solar’s potential
… to support sustainable development by addressing climate, water, and energy goals holistically. A new study published this week in Nature Energy raises the potential for floating solar photovoltaics (FPV)…
Skyrmions move at record speeds
… a step towards the computing of the future. An international research team led by scientists from the CNRS1 has discovered that the magnetic nanobubbles2 known as skyrmions can be…
