Now playing Next Economy Turkey inflation hits almost 70% in April dampening any rate cut hopes Turkey’s inflation accelerated to 69.8% annually for the month of April, according to latest data from the Turkish Statistical Institute. 03/05/2024
Now playing Next Economy Eurozone growth tops estimates as April inflation holds steady at 2.6% Eurozone economy grew by 0.3% in the first quarter of 2024, beating expectations and marking the strongest growth since Q3 2022. Annual inflation remained stable at 2.4%, while core inflation slowed to 2.7%, likely clearing the path towards the first ECB rate cut in June. 30/04/2024
Now playing Next Economy Looking forward to a relaxing retirement? Then start saving fast More than one third of Europeans are still not saving enough for retirement, with about 40% saying that the current economic climate had eroded their pension contributions. 30/04/2024
Now playing Next Economy Spanish inflation hits three-month high on gas and food prices German inflation, on the other hand, remained at almost three-year lows, as services inflation slowed further. 29/04/2024
Now playing Next Markets Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be on the Federal Reserve's monetary policy meeting to gauge investment sentiment. 29/04/2024
Now playing Next Economy How financially literate are Europeans? Not very - but who knows most? EU citizens are not doing well when it comes to financial literacy. Nearly half lack an understanding of basic financial concepts, including inflation. 24/04/2024
Now playing Next Business The 'pink tax': Why is women and men's purchasing power so different? The "pink tax" is a little-known phenomenon that occurs on certain sale items which can have a surprisingly frustrating effect on consumers. 23/04/2024
Now playing Next Economy Low-income Europeans facing hard times over housing cost struggle ECB research shows that more than one-fourth of low-income households expect late payments on their mortgages in the coming months. 22/04/2024
Now playing Next Business Ireland's house prices continue to rise: Top picks for home buyers The average price of a home in Ireland was €323,000 as of February, according to new figures. Prices still vary significantly across the regions. 17/04/2024
Now playing Next Economy Eurozone inflation eases: What impact will it have on interest rates? As new eurozone inflation figures are released, Euronews looks at recent trends in euro area inflation, including shifts in key components, differences among member countries - and market expectations regarding ECB rate cuts. 17/04/2024
Now playing Next Economy UK inflation drops to two and a half year low as food prices cool Stabilising food inflation and falling house prices both contributed to UK inflation coming down further in March, leading to renewed hopes that the Bank of England might cut rates soon. 17/04/2024
Now playing Next Economy Italian inflation steadies as markets eagerly await ECB rate cut A drop in energy prices brings monthly inflation to a lower-than-expected rate as price increases also cool on an annual basis. 16/04/2024
Now playing Next Economy Here's why Germany's economy remains the most distressed in Europe France and Germany's economies are the worst-performing in Europe, while the UK is seen as doing moderately well. On the up side, Spain and Italy are seeing distinctly more positive signs. 16/04/2024
Now playing Next Markets Week ahead in the markets: Risk-aversion expected to take centre stage Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings result this week. 15/04/2024
Now playing Next Business JPMorgan opens earnings season with profit rise and risk warning JPMorgan reports a 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls. 12/04/2024
Now playing Next Economy Inflation cools in Germany and France as food and energy prices fall German and French inflation numbers both fell in March, primarily due to declining food and energy prices, leading to more hopes of inflation soon returning to the ECB’s 2% target. 12/04/2024
Now playing Next Economy France trade deficit increases adding to the country's economic woes In February 2024, France exported €50.3 billion worth of goods, while its imports amounted to €56.3 billion, equating to a trade deficit of €6 billion. 09/04/2024
Now playing Next Economy European consumers reluctant to splash cash despite slowing inflation Consumers in Europe appear not to want to increase their spending despite the slowing inflation in Europe, the latest retail sales figures suggest. 05/04/2024
Now playing Next Economy Prices static in Switzerland: What's behind its falling inflation? Prices in Switzerland remained unchanged in March compared with the previous month and were only slightly up over the year. 04/04/2024
Now playing Next Economy Turkey's inflation figure soars to highest level since November 2022 Turkey's March inflation figure came in lower than analyst estimates, but was still higher than February's, because of higher transport and housing prices. 03/04/2024