European Shares Mostly Lower; FTSE 100 Bucks Trend On Soft Inflation Data

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(RTTNews) – European shares were mixed on Wednesday as investors digested a flurry of corporate earnings and closely watched the latest trade developments between the United States and China.

U.K. stocks outperformed as the British pound dropped after the release of soft inflation data.

U.K. consumer prices registered a stable growth in September, the Office for National Statistics reported.

Consumer prices rose 3.8 percent year-on-year in September, the same rate of growth as seen in August. Prices were expected to climb 4.0 percent.

A separate report revealed that input prices dropped unexpectedly by 0.1 percent in September, while the expected rate was +0.3 percent. Output prices remained flat compared to the forecast of 0.2 percent rise.

The pan-European Stoxx 600 slid 0.2 percent to 572.08 after gaining 0.2 percent on Tuesday.

The German DAX dipped 0.2 percent and France’s CAC 40…

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