Euro zone consumer confidence rises to -19.0 in May
Euro zone consumer morale rose to -19.0 in May, beating expectations of a decline. Sentiment across the broader European Union also improved to -18.2.
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The European Commission reported euro zone consumer confidence rose 1.6 points to -19.0 in May. This reading beat Reuters-polled economist expectations of a decline to -20.8. The flash estimate showed a recovery from the -20.6 level recorded in April.
Sentiment across the broader European Union also improved, rising 1.7 points to -18.2. The European Commission released these figures as part of its regular monthly monitoring of economic sentiment.
