#### 🇪🇺 Europe's Living Standards Hit 40-Year Low Versus US
European living standards are currently at their lowest level in over 40 years compared to the US, primarily due to stagnant income growth and rising costs, such as energy bills.
This is measured by Gross Domestic Product (GDP) per capita.
Income and Inflation: The typical adult's income in the EU has not kept pace with inflation, leading to a decline in real purchasing power. Energy costs have surged by approximately 60%.
#EU
European living standards are currently at their lowest level in over 40 years compared to the US, primarily due to stagnant income growth and rising costs, such as energy bills.
This is measured by Gross Domestic Product (GDP) per capita.
Income and Inflation: The typical adult's income in the EU has not kept pace with inflation, leading to a decline in real purchasing power. Energy costs have surged by approximately 60%.
#EU