European consumer spending is falling as inflation hits 3.2% and energy prices surge over 10%, with GDP growth projected at just 1.1% for 2026.

People around the world are feeling the sticker-shock of higher prices, but recent inflation has taken a larger psychological toll on the continent. | World News

European consumer spending is falling as inflation hits 3.2% and energy prices surge over 10%, with GDP growth projected at just 1.1% for 2026.