Inflationary pressures are receding after escalating in recent months, fuelled by the energy crisis and geopolitical instability triggered by the conflict in Ukraine
One year after the Russian aggression on the doorstep of the EU, ISMEA has published a review of the agri-food markets after the catastrophic scenarios advanced in the wake of the conflict. Falling oil and gas prices, the revaluation of the euro against the US currency, and the restrictive monetary policies implemented by the Federal Reserve and the ECB have all contributed to curbing inflation.
ISMEA
https://www.ismeamercati.it/flex/cm/pages/ServeBLOB.php/L/IT/IDPagina/12508
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