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Economy

Inflation in Spain climbs as other EU countries see a fall

Euronews business breaks down the latest inflation figures from Spain, Poland, Greece, and Ireland.

Economy

UK inflation remains unchanged at 4%, beating expectations

Economists had predicted that rising prices would accelerate slightly.

Economy

Traders anticipate SNB rate cut in March as Swiss inflation eases

Inflation in Switzerland fell unexpectedly in January, potentially paving the way for the Swiss National Bank (SNB) to cut rates next month.

Markets

Markets' week ahead: European stocks rise ahead of US inflation print

The US inflation report out on Tuesday could have a huge role in determining when and by how much the Federal Reserve decides to cut interest rates.

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Business

University or housing? The cost of living dilemma facing students

Two in five students in the UK have considered dropping out of university due to the cost of rent, while 3% have already done so, according to a new National Student Accommodation Survey 2024 released by Save the Student.

Economy

Hungarian inflation falls to two-year low as energy prices decline

Food inflation slowed down remarkably while energy became cheaper than last year.

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.

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).

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.

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.

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.

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.

Economy

Inflation has slowed in the Eurozone in January

Energy prices dropped in January, helping keep inflation down in the bloc.

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.

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?

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.

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.

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%.

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.

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.