Eurozone Consumer Confidence rises to -21.1 in May from -22.0 in April

Eurozone Consumer Confidence Index rose from -22.0 in April to -21.1 in May, according to the latest data release from the European Commission. That was slightly better than the small expected rise to -21.5, but still left the index close to multi-year lows, as EU consumers struggle amid surging energy-driven inflation, a slowing economy and uncertainty with war raging close to its borders in Ukraine.