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Many firms eye scope to raise prices; European consumers in buoyant mood Even after stripping out energy, eurozone producer prices in March recorded a year-on-year increase of 2.3 percent, nearly double the gains seen in February Updated 08 May 2021 May 08, 2021 02:18 LONDON: Europe’s consumers will feel the hit from price rises this year as companies seek to recoup revenues and cover pandemic-related costs. But for now, this is inflation the European Central Bank believes it can live with. Over the past year, the fallout from COVID-19 has contorted both the demand and supply sides of the ...
Source: arabnews.com
