| Economic Activity Slows in Europe but Strengthens in the US

Business sentiment in the US improved in March 2022 while for Europe it slowed down from the previous months. The slowdown in Europe was largely due to the impact of the Russia-Ukraine war and was slightly offset by the rapid demand growth post renewed COVID-19 infections late last year. Evidently, the Russia-Ukraine war has had a larger impact on Europe.

Pic: Shutterstock.com

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| Economic Activity Slows in Europe but Strengthens in the US

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