but whose effects are lastingly and definitively unfavorable
Inflation has normalized but there has been no negative inflation: these shocks have therefore had a permanent effect on the level of consumer prices, but also on those of all goods indexed totally or partially (residential and commercial rents, contracts with automatic indexation clauses, salaries, etc.) and singapore phone number list of goods for production and export. From the point of view of external competitiveness, particularly vis-à-vis regions that have not experienced these shocks (United States, China, Japan, etc.), the eurozone has emerged weakened (see Rexecode graph).
What about the impact of current wars?
The war in Ukraine continues, but production circuits and food sources have been reorganized, so that the prices of goods at the heart of the crisis have fallen since their peak, without having returned to their pre-crisis levels (cf. wholesale gas prices 4 times higher and wheat 20% higher). The price of gas remains a subject to watch, however, especially in the context of fairly low stocks currently compared to last year.