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Economic Outlook #3 2022

Economic Outlook #3 2022
With a rough current world situation including Russia's war with Ukraine, disturbances in global supply chains, high energy prices, rising inflation and higher interest rates, we see a clear weakening in the GDP growth forecasts of the region's key markets. However, despite this down tune, employment in the region has increased at record levels in the past year, the number of job vacancies is high, and unemployment is down to levels perceived as normal in modern times.

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