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Eurozone Consumer Confidence Hits Decade High

Finance | May 19, 2017, Friday @ 17:55| 59 views

Illustration, Photo: MIA/PrintScreen

Eurozone consumer confidence strengthened for a third consecutive month in May to its highest level in nearly a decade, preliminary data from the European Commission showed Friday.

The flash consumer confidence index climbed to ­3.3 from April's ­3.6. Economists had forecast a score of ­3.

The latest reading was the highest since July 2007, when the score was ­1.9.

The corresponding index for the EU edged up to ­3.3 from ­3.4. The reading was the highest since April 2015, when it was ­2.4.

The final figures will be released along with the economic sentiment data on May 30.

Tags: euro, zone, consumer, EU


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