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 Markets High interest rates and weak demand hit Europe's economy European markets were higher on Tuesday as investors digested a raft of economic data from across the Eurozone, as well as more corporate updates, including BP's latest earnings. 31/10/2023
Now playing Next Economy Eurozone inflation falls further than expected to 2.9% in October Inflation in the eurozone fell more sharply than expected to 2.9% in October, according to the EU's statistics office. 31/10/2023
Now playing Next Business Energy crisis: Who has the priciest electricity and gas in Europe? The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023. 31/10/2023
Now playing Next Economy Russian central bank raises interest rate to 15% High inflation and the weak rouble triggered a higher than expected raise. 27/10/2023
Now playing Next Economy Nearly 1 in 12 Italians live in ‘absolute poverty’, report finds There are now over 5.6 million Italians who cannot afford the cost of bare essentials like food, shelter, education and healthcare, according to a recent report by ISTAT. 27/10/2023
Now playing Next Business Mixed results for European banks against difficult economic backdrop Deutsche Bank, Barclays, and Lloyds have all released their third-quarter results this week. Euronews brings you the essentials. 26/10/2023
Now playing Next Economy Cost of living and hot weather cause retail sales to fall in UK The cost of living crisis keeps on curtailing consumers’ ability to spend on non-essential items. This autumn’s exceptionally hot weather also deterred people from buying winter clothes. 20/10/2023
Now playing Next Economy Why did $500 million in cash get stuck at Argentina’s main airport? Argentina has seen a storm of dollar withdrawals ahead of the presidential election this weekend. 20/10/2023
Now playing Next Economy Which country has the best pension system in the world? A new analysis, ranking 47 pension systems across the world, has shed light on the growing impact of AI on pension systems. 19/10/2023
Now playing Next Economy UK inflation remains unchanged but still way above target The UK has the highest rate of inflation in the G7, with the EU due to release its own inflation figures later today. 18/10/2023
Now playing Next Money Shoppers decry ‘shrinkflation’, ‘skimpflation’ as businesses cut costs In its annual Life Trends report, Accenture Song analysts found businesses are sacrificing “customer obsession” to protect profits. 17/10/2023
Now playing Next Economy UK pay overtakes inflation for first time in almost two years Average earnings excluding bonuses rose at an annual rate of 7.8% from June to August 2023 - welcome news for some amid the cost of living crisis. 17/10/2023
Now playing Next Economy Argentina's central bank hikes key interest rate to 133% Argentina's inflation was 138% in September compared to the previous year. 13/10/2023
Now playing Next Markets Record outflow as investors are pulling out of renewables High-interest rates and inflation left the sector's share prices plummeting more than 30% in the past three months. 10/10/2023
Now playing Next Economy The global economy 'is limping along, not sprinting' - IMF report The global economy continues to recover, but GDP growth is going to slow down over the next two years, the IMF has said in its latest economic outlook. 10/10/2023
Now playing Next Economy Countries across Europe grapple with housing crisis Over recent years, housing crises have become increasingly prevalent across Europe, affecting nations of varying economic health. Portugal, Turkey, and even wealthy Luxembourg are grappling with the common challenge of providing affordable and accessible housing for their citizens. 07/10/2023
Now playing Next Economy UK food prices fall for the first time in two years The cost of groceries in the UK was down 0.1% in September from the previous month, according to an industry body. 03/10/2023
Now playing Next Europe News State of the Union: EU-China trade talks & interest rates to stay put The European Commissioner for Trade was in Beijing to temper fears of an all out trade war between the two sides. 29/09/2023
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
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