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https://www.wsj.com/articles/global-economy-gets-tailwind-from-falling-energy-prices-c6496af

Global Economy Gets Tailwind From Falling Energy Prices

Lower natural-gas prices could boost European output by 1.5%, economists estimate

Falling energy prices act like a tax cut, giving households more money to spend and bolstering consumer confidence.Photo: Michael Probst/Associated Press

By Tom Fairless

March 12, 2023 9:00 am ET

FRANKFURT—Energy prices are roiling the global economy for the second time in a year.

This time, it’s good news. Plunging oil and natural-gas prices are pumping up economic growth, putting money into consumers’ pockets, boosting confidence and easing pressures on government budgets.

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