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Eurozone consumer confidence rises for second month in May

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Eurozone consumer sentiment rose for the second consecutive month in May to its highest level since January, figures released on Monday showed.

[BRUSSELS] Eurozone consumer sentiment rose for the second consecutive month in May to its highest level since January, figures released on Monday showed.

The European Commission said a flash estimate that eurozone consumer morale increased to -7.0 points from -9.3 in April and higher than the average forecast of -9.0 in a Reuters poll of 24 economists.

In the European Union as a whole, consumer sentiment increased by 1.1 points to -5.7.

REUTERS