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The newest month-to-month survey carried out by the Directorate General for Economic and Financial Affairs of the European Community (DG ECFIN) revealed indicators of enchancment in European client confidence. The flash estimate of client confidence knowledge for May 2024 exhibits a degree of -14.3 factors within the Eurozone, a slight enhance in comparison with the -14.7 factors recorded in April. Market expectations have been for an enchancment of as much as 14 factors.
In the European Union as an entire, the buyer confidence index reached -13.2 factors, marking a rise of 0.5 % in comparison with final month.