727 The European Commission says that the EU economy has lost momentum this year against the background of a “high cost of living, weak external demand and monetary tightening.” On Wednesday, the European Commission said that while economic activity is expected to gradually recover going forward, its “Autumn Forecast” revises EU GDP growth down compared to its summer projections. Inflation is estimated to have dropped to a two-year low in the euro area in October and is set to continue

Tag-uri: Inflatie