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Eurozone Consumer Confidence Highest In Nearly A Decade

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.

by RTT Staff Writer

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