Now playing Next Economy Spain's economy expands: Why is it outperforming its European peers? Spain's Gross domestic product (GDP), the measure of value created through the production of goods and services, expanded 0.6% in the fourth quarter of 2023 from the previous quarter. 26/03/2024
Now playing Next Economy Where is housing most costly in Europe and who is willing to pay up? New data shows where housing is most costly in Europe - and where people are willing to spend more on it. 26/03/2024
Now playing Next Economy Turkey hikes interest rate to 50% in surprise move The increase comes after a pause last month which led experts to believe another freeze would follow suit. Yet chronic inflation still persists. 21/03/2024
Now playing Next Business Property prices getting in the way of Ireland's business with the US Ireland is home to hundreds of US companies but the rising cost of property is proving to be a complication for business. 20/03/2024
Now playing Next Economy Germany's commercial real estate plunge could be a threat for banks Germany's commercial real estate crisis could mean trouble for the country's banks due to their high exposure to the sector. 20/03/2024
Now playing Next Business Unilever creams off specialist unit as it cuts 7,500 jobs British consumer goods company Unilever revealed the plan as it looks to make savings of €800 million by 2027. 19/03/2024
Now playing Next Economy Bank of Japan ends opts for first interest rate hike in 17 years Japan's central bank has decided to end its era of negative interest rates following signs that the country's decades-long deflation is coming to an end. 19/03/2024
Now playing Next Economy IMF: Emerging European economies need high interest rates for longer Inflation is proving more stubborn in central, eastern and southeastern Europe, says the International Monetary Fund, meaning a soft landing must be handled carefully. 15/03/2024
Now playing Next Economy Italy: As sales rise and inflation stays low, can stocks extend rally? Italy's retail sales climbed by 1% in January, while inflation remained well contained at 0.8% in February. The FTSE Mib index has seen five consecutive months of gains, but overbought conditions emerge. 15/03/2024
Now playing Next Economy France's inflation figures dip but energy prices keep spark alive France's inflation rate stood at 3% in February year-on-year, only 0.1% lower than the previous month. 15/03/2024
Now playing Next Economy Ukraine slashes interest rates to 14.5%, Finnish inflation slides Sweden and Spain also saw slowing inflation, helped by food and non-alcoholic beverage prices falling, as well as clothing and footwear prices. 14/03/2024
Now playing Next Economy Russian inflation touches one-year high in February on service prices Russian inflation in February was mostly boosted by increases in services and non-food product inflation. 14/03/2024
Now playing Next Economy Modest growth for UK economy after dip into recession Strong spending in the services sector has seen the UK return to growth. 13/03/2024
Now playing Next Economy Europe wrap: three countries confirm their inflation rates' decrease Germany's annual inflation rate eased in February, hitting a two-year low to show a slowdown in the rise of consumer prices. Portugal's encouraging figures confirmed it was on a similar trajectory, as is the Netherlands. 12/03/2024
Now playing Next Markets Gold prices reach all-time highs: Which European stocks may benefit? Gold prices hit a record high, as markets eye potential Fed rate cuts in 2024. 08/03/2024
Now playing Next Economy Ireland's house prices set to keep rising as shortages hit home Ireland is currently facing a housing crisis due to decreasing investment and a rising population. 07/03/2024
Now playing Next Economy ECB keeps rates at a record: Inflation expected to hit 2% by 2025 The ECB kept its benchmark interest rates on hold in March, noting a further decline in inflation. Price pressures are now expected to reach the 2% target by 2025. 07/03/2024
Now playing Next Economy Where in Europe have property prices increased tenfold since 2015? Hungarian house prices have climbed by more than 166% since 2015, but there's a country with an even more eyewatering increase. 06/03/2024
Now playing Next Economy Inflation in Europe: Which countries are hit the hardest? Annual inflation in the EU and eurozone continues to show signs of easing, with January figures showing a fall in 15 of the EU countries. However, the remaining 11 countries recorded a rise. 05/03/2024
Now playing Next Economy 'Buy one, get one free': France forbids supermarket mega sales French supermarkets can no longer offer discounts of more than 34% for various personal and household products. The new law aims to protect smaller companies against the might of multinationals' mega sales. But how will it work for consumers? 04/03/2024