• MILITARY: Brazil-France submarine programme (Graphic DUE Mar 28, 15:00GMT)
  • SPACE: Calls for protected moon sites (Graphic DUE Mar 28, 16:00GMT)
  • ACCIDENT: Why did Baltimore bridge collapse? (Graphic DUE Mar 28, 17:30GMT)
  • For full details of graphics available/in preparation, see Menu -> Planners
 Recessão paira sobre a Europa infographic
A infografia mostra e volução do "S&P Global Eurozone PMI Composite" para os cinco anos até agosto de 2022.
GN43184PT

ECONOMIA

Europa quase certamente caminha para a recessão

By Ninian Carter

September 6, 2022 - Uma perspetiva sombria em inquéritos recentes indica que a zona Euro vai quase certamente entrar em recessão já que a crise do custo de vida continua a agravar-se.

The eurozone is very likely entering a recession, after the S&P Global Eurozone Purchasing Managers’ Index (PMI) Composite – seen as a guide to economic health – fell to an 18-month low of 48.9 in August (anything below 50 indicates contraction).

The European Central Bank (ECB) is under pressure from a deepening cost of living crisis, setting inflation running at more than four times its target of 2% to reach a record 9.1% last month.

The ECB faces the prospect of having to raise interest rates further as the economy slumps – a rise in borrowing costs adding to pressures on debt-laden consumers.

The euro dropped below $0.99 for the first time in 20 years on Monday after Russia indefinitely shutdown its main gas supply to Europe – causing gas prices to soar by as much as 30% and reinforcing expectations of a eurozone recession.

Note: The S&P Global Eurozone PMI Composite Output tracks business trends across both manufacturing and service sectors, based on data collected from over 5,000 companies (60% from the manufacturing sector and 40% from the services sector).

Sources
PUBLISHED: 06/09/2022; STORY: Graphic News
Advertisement