US media: The risk of decline in the US and European economy has risked up

Reference News Network reported on June 24. According to the US "Wall Street Journal" website reported on the 23rd, commercial surveys showed that as energy and food prices soared weakened other goods and services, the US and European economies slowed down in June, and the world was in various parts of the world.The risk of recession rises.

It is reported that the latest data of manufacturing and service industry activities show that the economic prospects of the United States and Europe have become dim.Russia and Ukraine conflicts have a negative impact on global economic growth, and high inflation spreads globally.Economys also face the prospects of continuous supply chain interruption and rising interest rates to suppress commercial investment.

The report pointed out that this year's global economy is facing a series of obstacles, including the new crown epidemic, the soaring energy and food prices, the conflict of Russia and Ukraine, and the central banks of various countries to respond to high inflation through increasing borrowing costs.(Compiled/Jin Jinlong)

Source: Reference Message Network

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