The European Commission reported on Tuesday its flash estimate showed the consumer confidence indicator for the Eurozone increased 0.6 points to -6.6 in July from the previous month.

Economists had expected the index to stay at -7.2.

Considering the European Union (EU) as a whole, consumer sentiment also rose 0.6 points to -5.9.

Given these gains, both indicators stand well above their respective long-term averages of -10.7 (Eurozone) and -10.0 (EU), the report said.