Now playing Next Economy Inflation risk as Red Sea attacks send shipping costs sky high Houthi attacks in the Red Sea have disrupted crucial trade routes between Europe, the Middle East, and Asia, leading to concerns of renewed inflationary pressures. 24/01/2024
Now playing Next Economy Consumers losing confidence in the EU economy Following on from the recent rise in eurozone inflation, consumers say they are losing confidence in the EU economy, according to the latest consumer economic sentiment Indicator for January 2024. 23/01/2024
Now playing Next Economy US retail sales up in December, but consumers remain pessimistic People in the US stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signalling that people remain confident enough to keep spending freely. 18/01/2024
Now playing Next Economy UK inflation unexpectedly pulled up by clothes, alcohol and tobacco Clothing and footwear prices, as well as furniture and household goods prices drove UK inflation up in December 2023. 17/01/2024
Now playing Next Economy Red Sea shipping disruptions could further fuel inflation, EBRD warns Prices are likely to soar as the main route for one-tenth of the global seaborne trade is under constant fire. 16/01/2024
Now playing Next Economy UK wage growth slows as job vacancies fall Salaries are rising at a slower rate in the UK but are still outpacing inflationary price hikes, according to official figures released on Tuesday. 16/01/2024
Now playing Next Economy Germany sees notable uptick in inflation, breaking seven-month trend Germany and Italy's annual inflation rates confirmed. Euronews Business looks at the factors influencing the economic trends in each country. 16/01/2024
Now playing Next Economy Germany's GDP shrank in 2023 as industries limped to end of year Europe's biggest economy had a rough year: German GDP contracted by 0.3% in 2023, according to official data. 15/01/2024
Now playing Next Business Greece tackles high prices on basic food products The Greek government has announced fresh measures to keep prices in check as it accuses businesses of taking advantage of high inflation. 12/01/2024
Now playing Next Economy UK economy sees rise in November, boosted by services sector UK gross domestic product figures showed a rise in November, boosted by a strong month in services and production 12/01/2024
Now playing Next Economy What are the biggest challenges facing the German economy in 2024? As we enter 2024, Europe's largest economy is expected to continue to deal with the fallout of its recent economic crisis. Euronews Business highlights five key challenges for the German economy in 2024. 12/01/2024
Now playing Next Economy US inflation rises to 3.4% in December on energy prices US year-on-year inflation numbers for December 2023 came in higher-than-expected following energy prices falling at a lower rate 11/01/2024
Now playing Next Economy OECD: Inflation dipped slightly in November 2023 Across the 38 members of the OECD, year-on-year inflation was at a two-year low in November 2023. 11/01/2024
Now playing Next Economy Time to buy a house? It might cost double the price House prices and rents in the EU show significant trends that vary across the country, according to new official data. 11/01/2024
Now playing Next Economy Global risks 2024: What are the key geopolitical risks this year? The World Economic Forum’s Global Risks report 2024 believes false information, rising conflicts and economic uncertainty are among the most widespread risks facing this year 10/01/2024
Now playing Next Economy Here's why Turkey’s industrial activity fell sharply in November 2023 Turkey’s industrial production fell in November 2023 due to declines in the mining and quarrying sectors. 10/01/2024
Now playing Next Markets Weekly markets wrap: European shares dip ahead of non-farm payrolls European markets were somewhat downbeat this week, due to disappointing economic data and upcoming US non-farm payrolls 06/01/2024
Now playing Next Economy US economy adds another 216,000 jobs in December 2023 The US economy saw the most job increases in the government, healthcare and leisure and hospitality sectors 05/01/2024
Now playing Next Business JD Sports shares plummet following dire profit warning JD Sports shares fell around 20% on Thursday, following the retail chain issuing a gloomier profit forecast than before 05/01/2024
Now playing Next Business PepsiCo products pulled from Carrefour stores over price hikes Shops in France have seen PepsiCo offerings taken off shelves, with Belgium, Spain and Italy set to follow suit. 05/01/2024