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The euro area, still reeling from last year’s sharp spike in gas prices caused by the war, is set to decelerate sharply.
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According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.

Compared with June of last year, sales were 18.9% lower. That is the slowest sales pace for June since 2009.

In total, for the enterprises in Accommodation and Food and Beverage Service Activities the turnover in May 2023 amounted to 882,308,247 euro.