US companies hire at fastest pace in seven months, stocks lacklustre after record run – as it happened
by Julia Kollewe and Graeme Wearden from on (#5TP0S)
Rolling coverage of the latest economic and financial news
- Introduction: Christmas UK grocery figures released
- Grocery inflation rises, adding to cost of living squeeze
- Eurozone growth eases to nine-month low. German recovery stalls
- European shares lose steam after record run
- Closing summary
The recovery in Germany, Europe's biggest economy, stalled in December.
A slightly faster rise in manufacturing output during the month was offset by a decline in services activity caused by a resurgence in the pandemic and renewed virus containment measures.
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