Economics

ECB Says Europe’s Economy Seen ‘Far’ From Stagflation Scenario

Shoppers and pedestrians pass through Karlsplatz square in Munich, Germany.

Photographer: Krisztian Bocsi/Bloomberg
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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.