Europe opens lower ahead of inflation update - Breaking The News
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Europe opens lower ahead of inflation update

EPA-EFE/MAXIMILIAN VON LACHNER

Major stock market indexes in Europe opened lower on Friday in anticipation of the newest report on inflation in the Eurozone and employment in Germany. The bloc's largest economy previously posted a monthly increase in import prices and a rise in the annual inflation rate compared to the previous month, the latter same as France.

The DAX declined by 0.07% as Sartorius AG lost 0.63%. The FTSE 100 dropped by 0.17%, with Berkeley Group Holdings PLC slumping by 2.47%. The CAC 40 decreased by 0.39% as L'Oreal SA fell by 0.61% at 9:01 am CET. The Eurostoxx 50 dipped by 0.35% as Banco Santander S.A. slid by 1.12% at 9:02 am CET.

The euro went up by 0.24% against the dollar at 8:59 am CET to sell for $1.05807. Simultaneously, the pound sterling grew by 0.29% against the greenback to change hands for $1.27238.

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