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Financial News: Eurozone Consumer Confidence Recovers Slightly In May

Eurozone Consumer Confidence Recovers Slightly In May

05/20/2020 - 11:19:00 (RTTNews)

(RTTNews) - Eurozone consumer confidence recovered slightly in May as several countries in the single-currency bloc started easing restrictions placed during the lockdown to slow the spread of the coronavirus, or Covid-19, flash estimates from the European Union showed on Wednesday. The flash consumer confidence index for euro area climbed to -18.8 from -22.7 in April. Economists had expected a further weakening to -24. The corresponding index for the EU rose to -19.5 from -22 in the previous month. However, both indicators remained far below their long-term averages of ?11.1 and ?10.4, respectively. The European Commission is set to publish the detail data along with the full business and consumer survey results on May 28.

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INTERNATIONAL FINANCIAL NEWS

Ireland Service Sector Continues To Contract In May

06/04/2020 - 02:18 AM (RTTNews)
(RTTNews) - Ireland's service sector continued to contract in May due to the ongoing lockdown ...Full Story>>

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06/04/2020 - 02:08 AM (RTTNews)
(RTTNews) - Malaysia's exports logged its biggest decline since the global financial crisis in ...Full Story>>

New Zealand Commodity Prices Fall Marginally

06/04/2020 - 01:57 AM (RTTNews)
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