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Significance
Tourism and other customer-facing sectors are growing solidly even though above-target inflation is squeezing disposable incomes. However, strong services activity is keeping core inflation close to record highs, which is complicating the ECB’s task of maintaining price stability.
Keywords:
EU,
EUR,
PROSPECTS H2 2023,
economy,
fiscal,
growth,
monetary,
prices,
banking,
consumer,
corporate,
employment,
energy,
foreign trade,
investment,
manufacturing,
tourism,
transport,
Banks
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2023
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