Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Euro Area Economic Growth Slows in June - EuroCOIN Gives Lowest Reading Since Dec 2001

26.07.2005


The latest value of the EuroCOIN™ indicator released by the Centre for Economic Policy Research (CEPR) shows:

- CEPR’s EuroCOIN reading for June 2005 points to a slowdown of economic activity for the 12 countries that make up the euro area. The upturn signals given for March and April have been more than offset by a decrease in the May and June readings for EuroCOIN, indicating that the direction of euro area economic growth remains uncertain.

- In the euro area, the cyclical component of quarterly GDP growth decreased from 0.329 in May to 0.242 in June. This is the lowest EuroCOIN reading since December 2001. The May figure has been revised downwards.



- The overall indicator weights signals coming from different macroeconomic variables. Interest rates, industrial production indices, financial variables, labour-related variables and surveys point to a reduction of growth, whereas interest rates give a positive signal.

- EuroCOIN figures from March 2005 are provisional and may be subject to revision:

June 2004:
0.593

July 2004:
0.518

August 2004:
0.457

September 2004:
0.470

October 2004:
0.402

November 2004:
0.412

December 2004:
0.367

January 2005:
0.357

February 2005:
0.340

March 2005:
0.387

April 2005 0:
0.384

May 2005:
0.329

June 2005:
0.242

Robbie Lonie | alfa
Further information:
http://www.cepr.org

More articles from Business and Finance:

nachricht How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung

nachricht Demographic change depresses tax revenues
04.11.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: How gut bacteria can make us ill

HZI researchers decipher infection mechanisms of Yersinia and immune responses of the host

Yersiniae cause severe intestinal infections. Studies using Yersinia pseudotuberculosis as a model organism aim to elucidate the infection mechanisms of these...

Im Focus: Interfacial Superconductivity: Magnetic and superconducting order revealed simultaneously

Researchers from the University of Hamburg in Germany, in collaboration with colleagues from the University of Aarhus in Denmark, have synthesized a new superconducting material by growing a few layers of an antiferromagnetic transition-metal chalcogenide on a bismuth-based topological insulator, both being non-superconducting materials.

While superconductivity and magnetism are generally believed to be mutually exclusive, surprisingly, in this new material, superconducting correlations...

Im Focus: Studying fundamental particles in materials

Laser-driving of semimetals allows creating novel quasiparticle states within condensed matter systems and switching between different states on ultrafast time scales

Studying properties of fundamental particles in condensed matter systems is a promising approach to quantum field theory. Quasiparticles offer the opportunity...

Im Focus: Designing Architecture with Solar Building Envelopes

Among the general public, solar thermal energy is currently associated with dark blue, rectangular collectors on building roofs. Technologies are needed for aesthetically high quality architecture which offer the architect more room for manoeuvre when it comes to low- and plus-energy buildings. With the “ArKol” project, researchers at Fraunhofer ISE together with partners are currently developing two façade collectors for solar thermal energy generation, which permit a high degree of design flexibility: a strip collector for opaque façade sections and a solar thermal blind for transparent sections. The current state of the two developments will be presented at the BAU 2017 trade fair.

As part of the “ArKol – development of architecturally highly integrated façade collectors with heat pipes” project, Fraunhofer ISE together with its partners...

Im Focus: How to inflate a hardened concrete shell with a weight of 80 t

At TU Wien, an alternative for resource intensive formwork for the construction of concrete domes was developed. It is now used in a test dome for the Austrian Federal Railways Infrastructure (ÖBB Infrastruktur).

Concrete shells are efficient structures, but not very resource efficient. The formwork for the construction of concrete domes alone requires a high amount of...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

12V, 48V, high-voltage – trends in E/E automotive architecture

10.01.2017 | Event News

2nd Conference on Non-Textual Information on 10 and 11 May 2017 in Hannover

09.01.2017 | Event News

Nothing will happen without batteries making it happen!

05.01.2017 | Event News

 
Latest News

127 at one blow...

18.01.2017 | Life Sciences

Brain-Computer Interface: What if computers could intuitively understand us

18.01.2017 | Information Technology

How gut bacteria can make us ill

18.01.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>