A high cost of living took a heavier toll than expected. On the external side, global trade provided little support. Meanwhile, the response of monetary policy to high inflation is working its way through the economy, and fiscal support is partly being phased out.
You must have a “Gold Friend Membership” to read this article in full
If you want to keep your finger on the EU reform pulse, become a ‘Friend of Graham Bishop’ and have access to our Friends services - described here.
-
The Standard Friend's membership costs just €10+ VAT per month: Initial registration
-
You can upgrade at any time to our Gold membership for a further €10i+ VAT that gives full access to all our articles and our Brexit weekly. Upgrade:
|