Euro Zone economy requires consumer spending for a long-awaited rebound amid record employment, rising wages, and near 2% inflation.
Euro Zone economy needs consumers to spend for its long-awaited rebound. With record employment, rising wages, and near 2% inflation, conditions are ripe for spending. Business surveys offer hope and retail entrepreneurs like Kaweh Nemati in Frankfurt expect shoppers to return soon, as the economic upturn in 2024 could mark the best chance for the euro area to recover from pandemic disruptions and inflation.
May 06, 2024
3 Articles