Economics

Europe’s Economy Is Booming as Nations Cast Off Crisis Shackles

  • PMIs show services sector in euro area is catching up
  • Inflation pressures are mounting amid supply, staff shortages

A waiter wearing a protective mask serves customers at a cafe in Paris.

Photographer: Nathan Laine/Bloomberg
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Europe’s private-sector economy is booming, accompanied by mounting inflation pressures as coronavirus restrictions loosen across the region.