Euro area inflation has surged
Trade in services remains restricted
Agriculture and transport have contributed little to emissions reduction
Trust in the EU has been preserved and support for the euro is unprecedented
Europe has been hit strongly by the energy crisis
The rebound in GDP growth has been relatively weak
The rebound in consumption has been limited
Investment in the euro area continued to recover in 2022
Higher borrowing costs have reduced credit growth
The unemployment rate is historically low and job vacancies have increased