Talking heads - A grim macroeconomic outlook for Europe - a podcast by BNP Paribas Asset Management

from 2022-09-06T10:03:24

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The summer has seen a sharp deterioration in prospects for the the euro area economy. The cost of living crisis is hitting consumers’ pockets hard. Europe’s manufacturing sector is contracting while momentum in the services sector is slowing. To make matters worse, wholesale energy prices have soared to all-time highs in Europe as Russia throttles gas supplies. 

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