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Euro zone consumer confidence rises to -21.1 in May – Metro US

Euro zone consumer confidence rises to -21.1 in May

FILE PHOTO: The euro sign is photographed in front of
FILE PHOTO: The euro sign is photographed in front of the former head quarter of the European Central Bank in Frankfurt

(Reuters) – Euro zone consumer confidence rose by 0.9 points in May from the April number, figures released on Friday showed.

The European Commission said a flash estimate showed euro zone consumer morale improved to -21.1 this month from -22.0 in April.

Economists polled by Reuters had expected a rise to -21.5.

In the European Union as a whole, consumer sentiment fell by 0.4 points to -22.2.

For European Commission data click on: https://ec.europa.eu/info/business-economy-euro/indicators-statistics/economic-databases/business-and-consumer-surveys/latest-business-and-consumer-surveys_en#recent-press-releases

(Reporting by Enrico Sciacovelli in Gdansk)