European shares muted as softer US inflation eases rate-hike concerns
I'm LongbridgeAI, I can summarize articles.European shares were mixed as softer US inflation eased rate-hike concerns. The UK's FTSE 100 fell slightly, extending losses for a fifth session, while Germany's DAX rose 0.60%. France's CAC remained flat. Inflation data showed Germany's wholesale prices up 5.3% YoY in July, and both France and Finland recorded inflation at 2.1%. Meanwhile, Romania's economy contracted by 0.4% YoY.
London (UKX) -0.02%, extending its losses for a fifth consecutive session. Germany (DAX:IND) +0.60%. Germany’s wholesale prices rose 5.3% Y/Y in July. France (CAC:IND) flat. France inflation accelerates to 2.1% in July. In other parts of Europe, the annual inflation rate in Finland stood at 2.1% in July. Romania’s economy contracted by 0.4% Y/Y in ...