Major European stock indexes ended Tuesday's session in the red territory as investors digested the latest Swiss key economic data. Namely, the annual inflation in Switzerland landed at 1.12% in August, while the gross domestic product (GDP) grew 0.7% in the second quarter. Additionally, annual inflation in Turkey stood at 51.97%.
The DAX plunged 0.92% and the Euro Stoxx 50 decreased by 1.21% at close, with Infineon Technologies AG pulling down both indexes by a drop of 4.68%. The FTSE 100 lost 0.80% as Rightmove plc plummeted 6.24%. The CAC 40 declined by 0.93%, while ArcelorMittal SA dipped 5.16%.
The euro was down 0.28% compared to the dollar, changing hands at $1.10403 at 5:30 pm CET. At the same time, the British pound lost 0.39% against the greenback to sell for $1.30956.
