The eurocoin indicator, which measures the current economic situation in the euro area, declined in September, marking its first fall since late 2014, the Bank of Italy and the Centre for Economic Policy Research said in a survey report on Wednesday.
The eurocoin indicator fell to 0.39 from 0.43 in August, which was its highest reading since the summer of 2011.
The report attributed the decline in the indicator mainly to tensions on the financial markets and to the slackening of foreign trade. Meanwhile, industrial activity made a positive contribution, it added.
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