FX.co ★ Euro Area Consumer Morale Improves More than Expected

The consumer confidence indicator for the Euro Area increased by 1.4 points to reach -15.2 in May 2025, compared to -16.6 in April, surpassing market predictions of -16, as per initial estimates. Despite this modest improvement, consumer confidence continues to fall significantly short of its long-term average. Concurrently, consumer sentiment within the European Union also saw an uptick, climbing 1.4 points to -14.5.