European stocks were subdued on Friday, with retail companies under pressure as the holiday shopping season kicked off amid worries of a sharply slowing global economy and sky-high inflation.
The pan-European STOXX 600 slipped 0.1 percent by 0811 GMT but held below three-month highs hit earlier this week.Europe’s retail index fell 0.6 percent on Black Friday, which kicks off the holiday shopping season, though taking place against a backdrop of a worsening cost-of-living crisis and the distraction of the soccer World Cup this year.FEATURED STORIES
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LIST: Black Friday 2022 deals in the PhilippinesTake a look at some of the country's brands participating in the Black Friday sale. 🛍️ | via philstarlife
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