Earlier this year, the European SLOTXO Union (EU) forecast that the region's GDP (GDP) this year will grow as high as 4.8% after many countries imposed lockdown measures earlier this year. including speeding up vaccination to control covid-19 get one level leading to the beginning of the lockdown Let the business come back to open for service again. in accordance with the goals of European countries who want to control covid Get it before the "high season" in the summer travel page of Europe. which many countries are considered as the main factor driving the economy to expand
However, economists from various institutions are concerned that the current economic growth in European countries may not be as expected. After the people still refused to come out “spend money”
Marcel Alesandrovic, European economist Financial Institution Jeffries Says Why People Refuse to Spend Money Due to COVID-19 which has been spreading for more than 18 months, making people accustomed to working from home And still be careful about spending money.
Paul O'Connor, President of Investments In the United Kingdom (UK), Janus Henderson said that despite factors indicating that the economy will continue to expand. As more and more people began to use public transportation, shopping and fitness. But some consumers are still cautious with their spending.
“People are still reluctant to go back to the office. both the United Kingdom Including other countries, which has an impact on the economy around the office such as restaurants and coffee shops Because people still choose to work from home.”
CNBC reported that From a survey of research firm "Ipsos Moris" (Ipsos Moris) last July. More than 40% of UK consumers are still uneasy about traveling abroad, and more than 40% are still uncomfortable going out in crowded areas. like a sporting event or concerts, etc.
and another reason why consumer behavior is like this due to covid-19 Delta strain causes the number of infections to soar in Europe by economists from the Pantheon Research Center Macroeconomics said the rising number of infections would have an impact on economic activity. Because people have not dared to go out to "live" the same level as before the epidemic.