Eurozone May Sentiment Rises to 93.5 as Services Confidence Jumps to 2.2

10 articles · Updated · AASTOCKS.com · May 28

Eurozone economic sentiment climbed to 93.5 in May from a revised 93.2 in April, beating market expectations of 93.
Services confidence drove the upside, rising to 2.2 from 1.4 and sharply outperforming forecasts for a drop to 0.3.
Consumer confidence also improved, with the index at -19 in May versus -20.6 in April.
Industrial sentiment was the weak spot, edging down to -8.0 from -7.7, leaving overall eurozone sentiment still below its long-term average of 100.

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