European consumer confidence rises in May

Suzie Neuwirth

CONSUMER confidence in Europe improved marginally in May, according to data from the European Commission.

In the EU, confidence rose from -20.4 in April to -20.2 in May, according to figures from the Flash Consumer Confidence Indicator.

Today’s survey gives a more positive outlook than the European Commission’s Economic Sentiment Indicator in April, which showed a marked decline in the continent.