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28.05.202609:24:46UTC+00Eurozone Consumers Slightly Less Pessimistic in May

Euro area consumer confidence improved to -19 in May 2026, rising from an over three-year low of -20.6 in April and in line with preliminary estimates. Despite this uptick, sentiment remains deeply negative, as inflationary pressures linked to the Middle East conflict continue to fuel expectations of possible interest rate increases. Across the broader European Union, consumer confidence also strengthened, climbing to -18.2 from -19.4 in the previous month. The improvement reflects reduced pessimism about future household finances, major purchases, and the general economic outlook, while perceptions of past financial conditions remained largely unchanged.

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