Europe: Slowdown bites but signs of optimism

> Subscriber-only, By Ed Slack2023-08-25T15:14:00

The slowdown in global markets is impacting Europe’s leisure marine sector as rising inflation and interest rates have caused a cost-of-living crisis across much of the continent. Eurostat data reveals that annual inflation in EU countries averaged 9.2% in 2022 – Estonia saw rates hit 19.4%. Not surprisingly consumer confidence ...

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