Inflation | Euronews

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World News

Strikes on French trains and in British airports, health services

Inflation-driven pay disputes are causing Christmas disruption to French trains and to British airports, post deliveries and health services.

Austria

Austrians skimp on Christmas gifts as economic woes bite

Faced by rising bills and prices, Austria's Christmas shoppers are tightening their bets, according to retailers who warn of jop cuts next year.

Greece

Christmas shoppers get a festive boost from Greek government

To help Greek consumers cope with the increased burdens of the festive season, the Ministry of Development - in cooperation with toy stores - has introduced the so-called "Santa Claus basket” consisting of some toys sold at a discount.

World News

Festive shoppers in Romania feel the pinch of soaring costs

This Christmas many Romanians are faced with the prospect of ditching their favourite festive foods to cut costs.

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Money

Only 3% of firms in Europe to boost salaries in line with inflation

Record levels of inflation have seen the cost of living rise across Europe.

Economy

Christmas food shopping impacted as inflation hits Belgian shoppers

According to surveys made by some of the larger supermarket chains, 75% of Belgians say they will celebrate a “more frugal” Christmas this year.

Economy

Protests and strikes across Europe amid rising inflation

Thousands of protesters rallied against rising inflation and called for higher wages in several European cities on Friday. Backed by several unions, crowds of people marched in Brussels, London and across Italy and France.

Hungary

Theft of food in Hungary’s supermarkets rises

More people are stealing from Hungary’s supermarkets than last year. Hungarian police figures show there were more than 8,000 thefts nationwide in the first 10 months of 2021 – a rise of more than 22%

Belgium

Belgians' wallets burn to crisp as inflation hits favourite fries

For Belgians who visit their favourite friterie at least once per week, the increase in price -- tied to rising costs of ingredients -- can quickly add up.

Business

Inflation in Europe eases but still in painful double digits

The consumer price index in the 19 countries that use the euro currency hit 10% in November.

Economy

Inflation has not peaked and risks rising even higher, says ECB head

Inflation in the 19 countries that use the euro hit a record 10.6% on a yearly basis last month.

Europe News

EU nations say actions needed against US subsidies but options limited

The main issue for Europe is to make sure it doesn't enter into a trade war with the US which could splinter western unity in the face of Russia's illegal war on Ukraine but officials fear an exodus of European companies.

United Kingdom

UK food crime is on the rise as country braces for recession

Food thefts in the UK have soared in recent weeks, fuelled by runaway record inflation.

Economy

Christine Lagarde warns of further ECB interest rate hikes

Christine Lagarde warns ECB may have to raise interest rates beyond merely withdrawing stimulus.

Food and Drink

British cheesemaker sells company to overcome Brexit barriers

British cheesemaker Simon Spurrell had to sell his business to a larger company in order to regain access to EU customers after Brexit left him with an estimated £600,000 black hole in lost EU sales.

Economy

Rising production costs puts the squeeze on Europe's bakers

Whether it's the local family bakery around the corner or the huge industrial-scale bakeries, skyrocketing bills are an existential threat. Euronews speaks to bakers in the Netherlands, Romania, and Italy to find out more.

Tech News

Amazon is preparing to make 10,000 job cuts worldwide - reports

The e-commerce giant had already frozen hiring after taking on too many staff during the COVID pandemic. Around 1 per cent of its workforce will be affected.

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Argentine healthcare workers march demanding better salaries

Residents, doctors, and healthcare workers march through Buenos Aires while holding candles and lights asking for higher salaries and better working conditions.

USA

US stocks record best day in two years due to hopeful inflation data

All the action stemmed from a U.S. government report showing that inflation slowed in October, better than many economists were expecting.

Europe News

Eurozone facing recession at the end of the year, Brussels says

High prices are here to stay, with the European Union predicting inflation will remain throughout 2023.