Consumer confidence rises in Europe in June

June 20, 2013 at 10:44 AM

BRUSSELS, June 20 (UPI) -- The European Commission said Thursday consumer confidence rose in the eurozone and the larger European Union in June compared to May.

In a flash estimate that could be revised later, the commission said its consumer confidence indicator rose by 3.1 points in the 17-member currency region, climbing from minus 21.9 to minus 18.8.

In the 27-member European Union, the index rose from minus 20.2 to minus 17.5, a 2.7 point gain.

A negative reading is normal. The long-term average for the index, dating back to 2003, is minus 12.5.

Related UPI Stories
Latest Headlines
Trending Stories
Nobel Prize in Chemistry awarded to DNA cell repair pioneers
Priest suspended after defending pedophilia in TV interview
U.S. asks how Islamic State militants got so many Toyotas
At least 17 dead in Carolinas, more flooding expected
NASA releases thousands of Apollo mission photos on Flickr