29/9/17: Eurocoin: Eurozone growth is still on the upside trend

The latest data from Eurocoin – an early growth indicator published by Banca d’Italia and CEPR – shows robust continued growth dynamics for the common currency GDP through August-September 2017. Rising from 0.67 in August to 0.71 in September, Eurocoin posted the highest reading since March 2017 and matched the 3Q 2017 GDP growth projection of 0,67. The charts below show both the trends in Eurocoin and underlying GDP growth, as well as key policy constraints for the monetary policy forward.

This post was published at True Economics on Friday, September 29, 2017.