And back to recession fears
NAB Morning Call
00:00
Is Europe in a Pandemic?
German retail sales down three point six % on year in may, well below the expected two % fall. Retail sales in nevil in the netherlands, up just nort point seven % one year. Denmark, final g d p growth rate down half % quarter on quarter. Annual inflation rate moving higher. Inflation in portugal, from eight to was the eight point t 7, i think, for the year to june. This is all pan painting, a picture of a continent in a very unhealthy situation, isn't it? A def really being torn between the high energy and food s coming from russia and andew krane,. And also market pricing for hikes as well
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