Euro-Area Consumer Confidence Increases for Sixth Month in May
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Euro-area consumer confidence increased for a sixth consecutive month in May, adding to signs the euro area is starting to emerge from a record-long recession.
An index of household confidence in the 17-nation euro zone rose to minus 21.9 from minus 22.3 in April, the European Commission in Brussels said today. Economists had forecast an increase to minus 21.8, according to the median of 25 estimates in a Bloomberg News survey.