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September 7, 2022

The increase in European energy prices will likely lead to a slowdown in economic activity.

Most major European economies are facing all-time highs or multi-decade highs in producer and consumer prices. One of the critical developments in recent months is the acceleration of European energy prices. This increase in prices is a double-edged sword. First, higher energy prices increase producer costs, and companies will attempt to pass that cost onto...
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