Euro-zone consumer confidence (15.00 BST) may have improved in April, given continued low oil prices and inflation, as well as steady improvements in the labour market and policy action by the ECB. However, any rise will have been small. Negotiations over Greece’s financial position continue to be fractious. And despite signs of improvement, economic growth remains sluggish. “We have pencilled in a small increase in the headline consumer confidence index from -3.7 to -3.5. On the basis of past form, this would be consistent with annual consumer spending growth of up to 2.0%.” – says Capital Economics
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