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Textiles

Prime Content | 
Inflation vs growth: Eurozone struggles amid global tensions

06 Dec '23
6 min read
Pic: Adobe Stock
Pic: Adobe Stock

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  • The eurozone's vulnerability to global tensions, especially due to its significant imports of commodities like gas and oil, has resulted in inflation and a cost-of-living crisis.
  • While the ECB controlled inflation, it led to a trade-off between inflation and growth, affecting growth prospects.
  • Recession risks loom, impacting manufacturing and employment.
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