Built on innovative statistical methods applied to a large data set comprising a variety of statistics related to real, monetary and financial phenomena, it constituted a step forward with respect to traditional indices and provided a timely and broadly based assessment of the economic outlook.
Unlike other indicators, Eurocoin is “linked” to GDP growth: each month it gives a quantitative assessment of the conjunctural situation in terms of quarterly GDP growth in the euro area. Since 2002 CEPR has hosted the monthly releases of the indicator on its website.