Europe's major stock market indexes were in the red as the session started on Wednesday, with the sentiment among traders seemingly impacted by a Wall Street selloff from the previous day.
On the data front, annual consumer price inflation reached 5.4% in the United Kingdom, and 5.3% in Germany in December, while Britain's factory-gate prices moved up by 9.3% in 2021.
The DAX lost 0.88% at 9:03 am CET, with Delivery Hero tumbling 1.79% a minute later. The CAC 40 shed 0.35% at the open as Schneider Electric dipped 1.98% a minute into the session. Meanwhile, in London, the FTSE 100 declined by 0.44% with Ashtead Group surrendering 2.64% at 9:17 am CET.
The euro gained 0.11% compared to the dollar at 8:59 am CET, selling for 1.13301, while the pound stood flat compared to the greenback, at the same time, changing hands at 1.35886.