Tag Archives: Economic impact of the COVID-19 pandemic

22Oct/24

European Shoppers Pull Back on Spending, Even as Inflationary Pressures Ease

Consumers across Europe are feeling the squeeze, with 73% reporting higher prices for goods and services in the first half of the year. At the same time, wages and savings haven’t kept pace: 25% of surveyed respondents said their income dropped in the first half of 2024, and 28% said they didn’t save as much. Continue reading