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Post by sevenofnine on Nov 11, 2022 11:55:10 GMT -5
Well DUH you guys been predict for couple months nowwww The eurozone and most EU countries will head to an economic recession in the last quarter of 2022, according to the European Commission's autumn economic forecast. "The economic situation has deteriorated markedly and we are heading into two quarters of contraction," said EU economy commissioner Paolo Gentiloni at a press conference. The EU's executive revised up its inflation forecast from July, predicting that prices would peak at year-end and remain high in 2023. Inflation will average 9.3% in the EU and 8.5% in the eurozone for 2022, Brussels said. www.euronews.com/my-europe/2022/11/11/europes-record-inflation-will-peak-at-year-end-but-remain-high-in-2023-says-brussels
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