Macro Matters: ‘The energy shock is already here in Europe’ #Reuters

Macro Matters: ‘The energy shock is already here in Europe’
Euro zone growth slowed to a nine-month low on surging energy costs. Carsten Brzeski of ING Research told Reuters that higher prices at the petrol pump will cut sharply into consumer spending — and could well be a recipe for stagflation.

#Eurozone #Business #Finance #Markets #News #Reuters #Newsfeed

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