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Europe’s Economy Contracts as Tough Winter Looms

October 24, 2022

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Business activity in Europe fell for a fourth straight month in October, according to new surveys, pointing to a potential slowdown in global economic growth as higher prices and interest rates weaken consumer demand.

The surveys come as Europe enters a crucial phase of its economic conflict with Russia, which has been throttling energy supplies in response to sanctions for its war in Ukraine.

Read More on The Wall Street Journal