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11.11 - 15:57
Europe’s Economy Contracts as Tough Winter Looms
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Business activity in Europe fell for a fourth straight month in October, according to new surveys, pointing to a potential slowdown in global economic growth as higher prices and interest rates weaken consumer demand.
The surveys come as Europe enters a crucial phase of its economic conflict with Russia, which has been throttling energy supplies in response to sanctions for its war in Ukraine.
Read more on wsj.comAbout this in other media
Highest rise in UK interest rates since 1989 despite 'looming long recession' euronews.com /2 years ago
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Eurozone Inflation Rate Rises to 10.7% as Recession Looms wsj.com /2 years ago
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