Eurozone May final consumer confidence -6.5 vs -6.5 prelim

Latest data released by Eurostat – 28 May 2019

  • Economic confidence 105.1 vs 104.0 expected
  • Business climate indicator 0.30 vs 0.40 expected
  • Industrial confidence -2.9 vs -4.3 expected
  • Services confidence 12.2 vs 11.0 expected
Prior month’s release can be found┬áhere. The notable thing in the release here is that economic confidence improves slightly to 105.1 in May from 103.9 in April. However, sentiment remains weak as the euro area economy continues to limp this year and the outlook remains cloudy amid ongoing US-China trade tensions.