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Euronews

Piero Cingari

Is the Iran war pushing Europe into a stagflation crisis?

Europe Iran ECB eurozone Chris Williamson France Inflation SP Global Market Intelligence Germany SP Global

The war in the Iran — and the surge in oil prices it has unleashed — is already inflicting measurable damage on eurozone business activity, supply chains, and business confidence.

The result: the sharpest stagflation alarm from European survey data in years.

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