European recessionary vibes continue

Europe is in a recession with consecutive slowing GDP prints now coming to 0 GDP growth in the second quarter of this year with an inflation rate of 5.3% and an increase of home prices at 0.8%. These are the kind of numbers you don’t want to see: a combination of sticky inflation and no growth that can significantly drag down the economy or lead to a bit of a crisis.

1 Trackback / Pingback

  1. Inflation in Europe is still sticky – Mark Camilleri

Leave a Reply