Eurozone Consumer Confidence Hits Decade High
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.
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