UK retailers get Black Friday boost; eurozone growth hits 82-month high - business live
(The Guardian Business News)

All the day´s economic and financial news, as central bankers hold their final monetary policy meetings of 2017Latest: Eurozone PMI hits highest level in nearly seven yearsEuropean firms hire more staff as exports boomIntroduction: Central bank meetings todayBank of England interest rate decision at noon UK time......followed by the final European Central Bank meeting of the yearJanet Yellen raises interest rates in final act as Federal Reserve chair 9.43am GMT Breaking: UK retail sales were much stronger than expected last month, suggesting Black Friday was a success.`Underlying retail sales growth remained reasonably strong in the last few months. Household goods stores had a good November, with a number of businesses saying that Black Friday promotions boosted sales.`Total average store prices increased by 3.1% in November 2017 when compared with the same period last year, with price increases across all store types, in particular food stores. 9.29am GMT Economist are impressed by this month´s eurozone PMI reports.Danske Bank´s Aila Mihr says the eurozone is growing strongly.Seems like a never ending story as #eurozone #PMIs rise further in December driven by rising new orders and business expeectations. Composite PMI now consistent with GDP growth of 0.8% q/q in Q4 17. More good news for #Draghi ahead of #ECB meeting later today. pic.twitter.com/w03P5a7HSX#Eurozone appears to be ending 2017 with substantial momentum as flash December #PMI shows #services & #manufacturing output growing at fastest rate since Feb 2011. Manufacturing PMI at record high of 60.6 with output index at 212-month high. Services activity at 80-month high#EUROBOOM intensifies! #Germany`s Manufacturing #PMI rises to the highest level ... ever! pic.twitter.com/NeDoraGYch Continue reading...