(Bloomberg) --US consumer spending merely edged up in April as war-driven inflation pressures sapped incomes and pushed the saving rate to an almost four-year low.
Disposable incomes, after adjusting for price changes, slid for a third straight month and suggested household demand may stay subdued without some relief from inflation.
Price pressures also mounted in France, Italy and Spain. Next week’s inflation figure for the 21-nation euro zone as a whole is set to push further beyond the 3% level it reached in April.
Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:
US
