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World / Europe

Euro zone consumers brace for recession and high inflation - ECB survey

Published: 04 Aug 2022 - 12:02 pm | Last Updated: 04 Aug 2022 - 12:33 pm
People with shopping bags walk near a shopping center, amid the coronavirus disease (COVID-19) pandemic, in Berlin, Germany December 21, 2021. REUTERS/Annegret Hilse
FRANKFURT, Aug 4 (Reuters) - Consumers in the euro zone are bracing for the economy to shrink and for high inflation to continue eating into their income in the next year, a European Central Bank survey showed on Thursday.

Reporting By Francesco Canepa Editing by Bernadette Baum

People with shopping bags walk near a shopping center, amid the coronavirus disease (COVID-19) pandemic, in Berlin, Germany December 21, 2021. REUTERS/Annegret Hilse FRANKFURT, Aug 4 (Reuters) - Consumers in the euro zone are bracing for the economy to shrink and for high inflation to continue eating into their income in the next year, a European Central Bank survey showed on Thursday. Reporting By Francesco Canepa Editing by Bernadette Baum

Reuters

FRANKFURT: Consumers in the euro zone are bracing for the economy to shrink and for high inflation to continue eating into their income in the next year, a European Central Bank survey showed on Thursday.