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Pessimism sets in for Europe as Iran war hits economic and consumer confidence

By CNBC March 30, 2026 Bearish
Pessimism sets in for Europe as Iran war hits economic and consumer confidence
Economic sentiment and consumer confidence plummeted in Europe in March, according to the latest flash data released on Monday. European growth and inflation prospects have been upended by the Iran war, which has now entered its fifth week.
Economic sentiment and consumer confidence plummeted in Europe in March, according to the latest flash data released on Monday. European growth and inflation prospects have been upended by the Iran war, which has now entered its fifth week.