Eurozone growth hit by Middle East crisis as stagflation risks rise, with Brent crude oil back over $100 a barrel – business live

Rolling coverage of the latest economic and financial newsMiddle East crisis – live updatesEvidence is coming in this morning that the Iran war has hurt the global economy.Surveys of purchasing managers in Japan found that private sector growth has slowed this month, to a three month low.Companies indicated that the Middle East war, unstable market conditions and inflationary pressures all dampened growth. Input costs and selling charges increased at the fastest rates in 45 and seven months respectively. Continue reading...

Eurozone growth hit by Middle East crisis as stagflation risks rise, with Brent crude oil back over $100 a barrel – business live

Rolling coverage of the latest economic and financial news

Evidence is coming in this morning that the Iran war has hurt the global economy.

Surveys of purchasing managers in Japan found that private sector growth has slowed this month, to a three month low.

Companies indicated that the Middle East war, unstable market conditions and inflationary pressures all dampened growth. Input costs and selling charges increased at the fastest rates in 45 and seven months respectively. Continue reading...

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