Now playing Next Economy Inflation has slowed in the Eurozone in January Energy prices dropped in January, helping keep inflation down in the bloc. 01/02/2024
Now playing Next Economy UK interest rates kept steady despite downward inflation trend The Bank of England has decided to hold interest rates at a 16-year high for the fourth consecutive month, following leads from the Fed and the ECB. 01/02/2024
Now playing Next Economy Cooling inflation in France and Germany raises hopes for ECB cuts Europe's two biggest economies seem to be winning the battle against the inflationary beast, but is it still too early for rate cuts? 31/01/2024
Now playing Next Economy EU price rises on the cards? Expert insight on Red Sea economic impact Houthi attacks in the Red Sea have disturbed vital trade routes connecting Europe, the Middle East and Asia. Euronews Business spoke to Dr. Yousef M. Alshammari, Senior Research Fellow at Imperial College London, to explore the consequences for the European and global economy. 31/01/2024
Now playing Next Economy IMF: Global growth will be stronger than expected in 2024 at 3.1% The International Monetary Fund (IMF) raised its forecast for global growth, projecting 3.1% in 2024. However, Europe's prospects are not as positive. 30/01/2024
Now playing Next Economy Iran's currency tumbles as tensions escalate in the Middle East The rial lost 17% in the past four months in the free market against the US dollar, as Iran tackles inflation soaring above 40%. 29/01/2024
Now playing Next Economy Lagarde urges caution as investors bet on ECB rate cuts soon The ECB President warned that the European economy most likely experienced stagflation in the last quarter of 2023 and outlined the risks of further economic slowdown. 25/01/2024
Now playing Next Economy Good news for US as growth shows surprise jump The world's biggest economy grew significantly faster than expected at the end of 2023, making a recession look increasingly unlikely. 25/01/2024
Now playing Next Economy Turkey’s central bank hikes key interest rate to 45% to curb inflation This hike is the latest move to control soaring inflation, which has left several households unable to afford basic necessities. 25/01/2024
Now playing Next Economy ECB keeps interest rates unchanged, sticks to data-dependent approach As expected, the European Central Bank kept rates unchanged at its January meeting, despite increasing calls for monetary loosening. 25/01/2024
Now playing Next Economy Here's why businesses in Turkey are more optimistic about inflation Following months of sky-high inflation, Turkey’s January Business Confidence report points towards a slowly improving situation. 25/01/2024
Now playing Next Economy Inflation risk as Red Sea attacks send shipping costs sky high Houthi attacks in the Red Sea have disrupted crucial trade routes between Europe, the Middle East, and Asia, leading to concerns of renewed inflationary pressures. 24/01/2024
Now playing Next Economy Consumers losing confidence in the EU economy Following on from the recent rise in eurozone inflation, consumers say they are losing confidence in the EU economy, according to the latest consumer economic sentiment Indicator for January 2024. 23/01/2024
Now playing Next Economy US retail sales up in December, but consumers remain pessimistic People in the US stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signalling that people remain confident enough to keep spending freely. 18/01/2024
Now playing Next Economy UK inflation unexpectedly pulled up by clothes, alcohol and tobacco Clothing and footwear prices, as well as furniture and household goods prices drove UK inflation up in December 2023. 17/01/2024
Now playing Next Economy Red Sea shipping disruptions could further fuel inflation, EBRD warns Prices are likely to soar as the main route for one-tenth of the global seaborne trade is under constant fire. 16/01/2024
Now playing Next Economy UK wage growth slows as job vacancies fall Salaries are rising at a slower rate in the UK but are still outpacing inflationary price hikes, according to official figures released on Tuesday. 16/01/2024
Now playing Next Economy Germany sees notable uptick in inflation, breaking seven-month trend Germany and Italy's annual inflation rates confirmed. Euronews Business looks at the factors influencing the economic trends in each country. 16/01/2024
Now playing Next Economy Germany's GDP shrank in 2023 as industries limped to end of year Europe's biggest economy had a rough year: German GDP contracted by 0.3% in 2023, according to official data. 15/01/2024
Now playing Next Business Greece tackles high prices on basic food products The Greek government has announced fresh measures to keep prices in check as it accuses businesses of taking advantage of high inflation. 12/01/2024