Posted 1/1/2024, 2:45:10 PM
Inflation Cools and Economies Struggle as Europe Sees Extreme Weather and Small Far-Right Gains in 2023
- Inflation cooled in 2023 after skyrocketing prices in 2022, dropping from 9.9% to 3.1% on average across the EU
- Economies struggled with the 2022-2023 inflation, contracting across the eurozone and EU in 2023
- Far-right parties made small but solid gains across Europe in 2023 elections
- July 2023 was the hottest month ever globally, bringing extreme wildfires to southern Europe
- The largest wildfire ever recorded in the EU occurred in Greece in August 2023