Eurozone May Eurocoin index 0.18 vs 0.26 in April
Modest decrease reflects weakness manufacturing sector (Il Sole 24 Ore Radiocor) - Rome, 03 Jun - Eurocoin, a leading indicator for eurozone gross domestic product (GDP) developed by the Bank of Italy, fell to 0.18 in May from 0.26 in April. The modest decrease reflects continuing weakness in the manufacturing sector, although the indicator continues to be supported by an improvement in consumer confidence and in economic indicators for the services sector, the Bank of Italy said.
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(RADIOCOR) 03-06-24 12:03:05 (0266) 5 NNNN