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Eurozone Consumer Confidence at Highest Level in Nearly a Decade

The victory of a pro-European centrist in France’s presidential election has helped deliver a further boost to already high consumer confidence in the eurozone.

The European Commission on Friday said its measure of consumer sentiment across the 19-member currency area rose to minus 3.3 in May from minus 3.6 in April, reaching its highest level since July 2007, more than a year before the onset of the global financial crisis.

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