Now playing Next Economy Euro area inflation rises less than expected in December Eurozone inflation in December rose by 2.9% year-on-year, less than the 3% expected, ending a seven-month decline streak. Monthly, the inflation rate increased by 0.2%. Core inflation, excluding energy and food, hit 3.4%. November's PPI fell by 0.3%, with a significant yearly drop of 8.8%. 05/01/2024
Now playing Next France EU leaders salute father of European integration Jacques Delors The former President of the European Commission and prominent figure of the French left passed away on Wednesday aged 98. 27/12/2023
Now playing Next Economy Eurozone inflation compared as energy prices offer some relief Euro area inflation fell in line with market estimates in November as energy prices fell. Euronews Business breaks down the latest economic data impacting the eurozone economy. 19/12/2023
Now playing Next Economy Retail sales boosted in October as European shoppers spend more Eurostat reported a 0.1% increase in retail sales in the Eurozone for October, following three months of decline. 06/12/2023
Now playing Next Economy Inflation, weak demand and falling employment weigh on the eurozone The eurozone economy continued its decline for a sixth consecutive month. Euronews Business looks at why and breaks down the latest figures. 05/12/2023
Now playing Next Economy Small wins for eurozone manufacturing sector as downturn eases The downturn in manufacturing activity softened slightly in November and business confidence is at a three-month high. Experts nonetheless say a recovery is far-off. 01/12/2023
Now playing Next Economy Lower inflation and wage growth in 2024? Here's S&P Global's outlook Euronews Business spoke to chief EMEA economist, Sylvain Broyer, at S&P Global about the eurozone economic outlook for 2024. 01/12/2023
Now playing Next Economy Euro area inflation slowdown brings ECB's 2% target back into focus Inflation in the euro area has taken a significant dip, reaching its lowest level in over two years. Euronews Business breaks down the latest figures. 30/11/2023
Now playing Next Business German inflation at lowest level in two years Germany’s Federal Statistical Office has published inflation figures for September, which come in at +3.8% compared with the same month last year. 08/11/2023
Now playing Next Business Economy roundup: Tourism steadily climbs but business trips struggle New economic data from the EU’s statistical office shows that retail trade and service production numbers were down in September, and while tourism recovered strongly in 2022, some post-COVID struggles remain. 08/11/2023
Now playing Next Economy What will Poland’s new government mean for the EU economy? As President Andrzej Duda opens consultations with party leaders to form a new government, here's how the opposition's majority in the Polish parliament will affect the EU's sixth-largest economy - as well as the bloc itself. 24/10/2023
Now playing Next Economy Eurozone unemployment still at its lowest level in August, at 6.4% Unemployment rates continue to decrease in countries that use the euro. For the European Union as a whole, the unemployment rate stood at 5.9% in August, the same as in May and June. 02/10/2023
Now playing Next Business Inflation drops sharply in Europe in September The annual inflation was still double the European Central Bank’s target, however. 29/09/2023
Now playing Next Business European Central Bank hikes interest rates to highest level since 2000 Christine Lagarde warned that consumer prices are still rising too fast. 27/07/2023
Now playing Next Economy Windfall profits rise to $1 trillion amid cost-of-living crisis: Study New data on the profits of the world's largest businesses has renewed calls for permanent windfall taxes across all sectors of the economy. 06/07/2023
Now playing Next Economy Brussels unveils plans for a digital euro promising complete privacy The Commission's proposals would allow people to store up to €3,000 digital euros in secure wallets and use them for both offline and online payments. 28/06/2023
Now playing Next Economy European Central Bank hikes rates again to 3.5% to battle inflation The European Central Bank has pressed ahead with another interest rate hike, aiming to crush inflation that is driving up the cost of groceries, utility bills and summer vacations. 15/06/2023
Now playing Next Economy Europe's economy enters technical recession as households struggle Europe's economy entered a technical recession after the eurozone endured two consecutive quarters of decline. 08/06/2023
Now playing Next Europe News Falling energy prices boost EU's growth outlook, Commission says GDP in the EU is now forecast to reach 1.0% in 2023 and 1.7% in 2024, up from a previous forecast of 0.8% and 1.6%. 15/05/2023
Now playing Next Travel News Croatia drops air border controls for Schengen zone countries Croatia joined the Schengen Area in January. Now air borders have been dropped in the passport-free travel zone. 27/03/2023
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