Can the drought prolong Europe's inflationary spiral?
The ECB has already stated that the inflation in the Eurozone could continue well into 2024 and that there could be another escalation of food prices due to the decrease in fruit and vegetable supply from the Iberian Peninsula caused by the drought and the unusual heat in April and May.
As a result of the combination of these two factors, which is undoubtfully an episode of the
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