Confidence in the euro zone economy rose in May, according to the latest figures from the European economy.

Economic sentiment in the euro zone gained 0.8 points to 89.4, having fallen last month.

Confidence was also up in the wider European Union, rising 1.1 points to 90.8.

Four of the euro zone’s five biggest economies saw a rise in sentiment, with Germany gaining 0.6 points and France rising by 0.9 points.

Confidence in Sweden fell, however, dropping 1.4 points to 97.8.

Confidence in the euro zone has rising since late last year and, despite a flat month in March and a decline in April, is now 3.8 points higher than in September 2012.