Eurozone inflation ′a shock for growth outlook′ | Business | Economy and finance news from a German perspective | DW | 31.05.2022

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Business

Eurozone inflation 'a shock for growth outlook'

Eurozone shares have slumped after data showed inflation rose to a record high, spurring bets of bigger interest rate hikes in the area. Berenberg Bank Chief Economist Holger Schmieding expects growth to suffer, too.

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April 17, 2020: April 17, 2020, Istanbul, Turkey: People shopping in the famous Women's Market in Fatih district of Istanbul before the second weekend curfew due to the coronavirus pandemic. It was noted that people shopping in the market, famous for crowd usually, do not maintain social distance and are in close contact. The district of Fatih has been home to the historic Women's Bazaar, “Kadınlar Pazarı” in Turkish, since the 1940s. With its wide variety of restaurants, butchers and stores, this bazaar is also a center where locals bring hand-made goods and organic produce grown in their home towns. (Credit Image: © Tolga Ildun/ZUMA Wire

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