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Euro zone consumer confidence rises sharply in June
June 20, 2013 / 2:03 PM / 4 years ago

Euro zone consumer confidence rises sharply in June

BRUSSELS (Reuters) - Euro zone consumer confidence improved sharply in June, the first estimate from the European Commission showed on Thursday, lending support to forecasts of a gradual economic recovery later this year.

An orange farmer waits for customers at the Malveira village market, on the outskirts of Lisbon May 30, 2013. REUTERS/Jose Manuel Ribeiro

The Commission said consumer confidence in the 17 countries using the euro rose to -18.8 points in June from -21.9 points in May.

In the whole European Union of 27 countries, consumer confidence improved to -17.5 from -20.2 in May.

Reporting By Jan Strupczewski

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