Now playing Next Economy Hungarian inflation falls to two-year low as energy prices decline Food inflation slowed down remarkably while energy became cheaper than last year. 09/02/2024
Now playing Next Economy German inflation eases raising ECB interest rate cut hopes German inflation eased to 3.1% in January year-over-year from 3.8% in December, confirming preliminary data, according to the country's federal statistics office. 09/02/2024
Now playing Next Economy Lockdown may have set productivity back 40 years, says OECD The impact of lockdowns on children's education during the Covid-19 pandemic may have set back the chances of increasing global economic growth by up to 40 years, according to the Organisation for Economic Cooperation and Development (OECD). 08/02/2024
Now playing Next Economy UK house prices rise for fourth month running on lower mortgage rates Northern Ireland saw the highest growth within the UK, where house prices increased by about 5.3% annually. 07/02/2024
Now playing Next Economy Eurozone retail trade figures slump as consumers feel the pinch Consumer demand has slumped following two months of improved retail growth, suggesting Europeans are still feeling the cost of living pinch. 06/02/2024
Now playing Next Economy Turkey inflation for January climbs as housing and utility prices rise Turkey's inflation figures for January continued to climb as prices for housing and utility services rose further. 05/02/2024
Now playing Next Economy Why is Spain struggling with increasing unemployment? Spain’s unemployment inched up by 2.2% (60,404 people) in January as the country continues to deal with lower productivity. 02/02/2024
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