Macro Pulse EU: Waning Consumer Confidence Clouds Europe’s Growth Outlook
Consumer confidence has weakened across Europe, signaling softer household demand and a more fragile growth backdrop as inflation expectations and lending conditions complicate the outlook.
In the latest Credit Compass, Gordon Kerr discusses what weaker survey data and delayed decision-making signal for Europe’s macro and credit backdrop. Listen to Gordon Kerr’s insights on: Apple | Spotify | YouTube or visit kbra.com/macrocredit
Recent survey data suggests households across Europe are becoming more cautious in their spending decisions. Higher fuel costs and household bills, still-elevated borrowing costs, and ongoing geopolitical…
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