Inflation in Europe is at a record high
Recent consumption data show that the recovery in meals and holidays is strong enough to offset the weakness in production, while Russia’s invasion of Ukraine and coronavirus variants in China are once again upsetting supply chains.
Spending the savings accumulated during the two-year fight against the coronavirus is part of breathing after the epidemic, taking advantage of the freedom regained. Thanks to the savings, European consumers are not yet allowing record-high inflation to get in the way of money laundering once the continent recovers from the epidemic.
Related news
Only two EU countries have higher inflation than Hungary
The European Inflation Outlook of the Private Banker compared the…
Read more >Consumer prices in the euro area rose by 2.2 percent in April, following March
The annual inflation rate in the euro area was 2.2…
Read more >EU forecast: moderate growth expected despite global economic uncertainty
Despite heightened global political uncertainty and trade tensions, the European…
Read more >Related news
dm Rolls Out Reusable Displays Across Europe to Cut Waste and Emissions
German drugstore chain dm is introducing reusable product displays in…
Read more >FrieslandCampina, Lidl, ReGeNL Team Up For Regenerative Agriculture Pilot
FrieslandCampina has teamed up with Lidl and the Dutch National…
Read more >You can’t light up anywhere in France where there are children
Starting July 1, smoking will be banned in all outdoor…
Read more >