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Europe's Economic Outlook Worsens as High Prices Plague Consumer Spending - The European Union has lowered its forecast for economic growth this year and next... - https://slashdot.org/story/23/09/11/1817228/europes-economic-outlook-worsens-as-high-prices-plague-consumer-spending?utm_source=rss1.0mainlinkanon&utm_medium=feed #eu
slashdot.orgEurope's Economic Outlook Worsens as High Prices Plague Consumer Spending - SlashdotThe European Union has lowered its forecast for economic growth this year and next, saying inflation is taking a heavy toll on people's willingness to spend in shops -- while higher interest rates are sharply restricting the credit needed for investment and purchases. From a report: The revised fore...