Economics
ECB Says Europe’s Economy Seen ‘Far’ From Stagflation Scenario
Shoppers and pedestrians pass through Karlsplatz square in Munich, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
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Experts on the European economy don’t expect the region to endure stagflation akin to the 1970s and characterized by quickly rising prices amid output that barely rises or even contracts, according to analysis by the European Central Bank.