The eurocoin indicator, which measures the current economic situation in the euro area, rose for the fourth consecutive month in March, a survey by the Bank of Italy and the Centre for Economic Policy Research showed Friday.

The eurocoin indicator increased slightly to 0.26 in March from 0.23 in February. It was the highest figure since July, when the score was 0.27.

The main factors in the recent increase were an improvement in household and business confidence and gains in share prices, the think tank said.

The material has been provided by InstaForex Company –