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16 Mar 2023 | Europe | Market Research
Growth Opportunities in Developed European and Key Middle Eastern Economies: Economic Tracker, 2018–2022
High Inflation and Stagnating Growth Amidst Geopolitical Tensions will Weigh on Consumer Spending
European economies had a challenging 2022 due to the onset of the Russo-Ukrainian War and the heightened inflationary pressure. The war impacted national security and weighed heavily on regional companies' economic performance. Historic price levels mandated monetary policy tightening as energy and fuel prices reduced consumer spending. Moreover, r...
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