17 December 2014
How significant is today's confirmation that earnings are at last rising faster than inflation?
UK retail sales rose at their fastest annual rate in more than 10 years in November, thanks to the effects of Black Friday.
President Vladimir Putin insists Russia's under-fire currency will stabilise, but warns the country's economic crisis could last two years.
Russia says it is planning new measures to stabilise the rouble after its slump against the dollar.
Wage growth picked up in the three months to October and outstripped the rise in the cost of living, while unemployment fell again, official figures show.
Last Updated at 05:01 ET
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