-
Europe scrapes out economic growth by dodging gas disaster
FRANKFURT, Germany — Europe’s economy scraped out meager gains at the close of past 12 months as galloping inflation fed by significant energy prices and Russia’s invasion of Ukraine deterred people from expending in stores and restaurants. Economic output crept .1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} higher in the very last three months of 2022 from the prior quarter, European Union statistics company Eurostat noted Tuesday, staying away from an outright downturn as hotter-than-typical winter season weather shelved fears of strength rationing. For all of 2022, the overall economy grew 3.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, outpacing the 2.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} growth in the U.S. and China’s 3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} expansion past yr. The countries that share the euro forex — 19 in 2022,…