LONDON: Soaring energy prices are putting the squeeze on European consumers desperate for some relief after two years of coronavirus, lockdowns and job worries.
The financial pain is taking a toll on households, who are more worried about prices than at any time this century, and feel less inclined to splurge, according to a European Commission survey. If demand suffers as a result, that has implications for how quickly the economy can fully recover from the destruction brought by the pandemic.
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