This slight decline comes despite a 0.1% uptick in consumer confidence, which reached 80.51 in May. However, other sectors saw confidence levels wane.

The real sector (manufacturing) confidence index dropped 1.1% to 102.4, while the retail trade confidence index fell more sharply by 3.3% to 111.7.

The services sector remained stable with a confidence index of 117.1, while construction confidence dipped slightly by 0.3% to 88.3. (ILKHA)