Europe closes mixed after CPI readings - Breaking The News
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Europe closes mixed after CPI readings

EPA-EFE/CHRISTOPHE PETIT TESSON

Major European stock indexes ended Thursday's trading session mixed as investors digested the latest reports showed that inflation in Germany, France, and Spain declined in February. Additionally, it was revealed that German retail sales fell in January, while the Swiss gross domestic product saw a 0.3% growth in the fourth quarter of 2023.

The DAX closed 0.47% higher, with Allianz advancing 2.13%. The FTSE 100 gained 0.06%, as Howden Joinery Group surged 7.04%. Meanwhile, the CAC 40 declined 0.34%, pulled down by Veolia Environnement SA, which fell 3.54%. The Euro Stoxx dropped 0.10%, and Anheuser-Busch InBev decreased by 3.35%.

The euro was down 0.27% against the dollar at 5:29 am CET, changing hand at $1.08091. At the same time, the British pound lost 0.21% compared to the greenback, selling for $1.26346.

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