Just as the supply problems facing euro-zone manufacturers showed tentative signs of easing, the war in Ukraine has created new headwinds. It would not be surprising if industrial output fell in the coming quarters. But rising services demand should mean that the economy as a whole avoids a recession.
Long Run Outlook Drop-In (23 March, 11:00 EDT/15:00 GMT): What will be the lasting impacts of the war in Ukraine? What legacies will the pandemic leave? What does a future of higher inflation mean for economies and markets? Neil Shearing hosts this special discussion with senior economists about the long-term investing outlook on Wednesday. Register here.
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