Consumer confidence improved in May in the euro area and in the EU
Consumer confidence in the euro area and the European Union has improved significantly in May, according to a survey by the European Commission’s Economic and Financial Directorate (DG ECFIN).
According to preliminary results released on Tuesday, the confidence index rose by 0.8 points to minus 6.5 points in the eurozone of 19 countries, which has been the best since last October.
The value of the April indicator was revised from minus 7.9 to minus 7.3 points during the review. Analysts expected minus 7.6 points in May.
In the 28 Member States of the European Union, the consumer confidence index rose by 1.1 points to minus 6.2 points. (MTI)
Related news
Full-time jobs in retail sector are in demand
Retailers are seeing increased interest from job seekers looking for…
Read more >Consumer sentiment in the euro area improved to a more than two-year high in April
Consumer sentiment in the eurozone improved somewhat less than expected,…
Read more >Environmentally conscious food orderers
This was the conclusion of a survey by Greenstic Europe,…
Read more >Related news
“To the bin with food waste” – the Nébih No Leftovers program announces a poster design competition
On the occasion of the Sustainability Theme Week, the program…
Read more >Aldi to create 5,500 new jobs in the UK this year
In the UK Aldi is creating 5,500 new jobs as…
Read more >