The European economy entered a recession in July. The demand situation will be worse!

Release time： 2022-07-27 Browsing：658次

Europe's manufacturing sector contracted across the board in July. The decline in manufacturing has accelerated and he growth of the service industry is almost stagnant as rising costs prompt consumers to cut back on spending. After the outbreak of the conflict between Russia and Ukraine, prices in European countries that rely heavily on Russian energy soared and inflation intensified.