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- European stocks close: stocks traded mixed after the better-than-expected economic data from Germany and France
European stocks close: stocks traded mixed after the better-than-expected economic data from Germany and France
Stock indices traded mixed after the better-than-expected economic data from Germany and France. The German preliminary consumer price index (CPI) climbed 0.3% in June, beating forecasts of a 0.2% gain, after a 0.1% decline in May. On a yearly basis, German preliminary CPI rose 1.0% in June, after a 0.9% rise in May.
The consumer spending in France increased 1.0% in May, exceeding expectations for a 0.3% gain, after a 0.3% decline in April.
On a yearly basis, the consumer spending in France declined 0.6% in May, after a 0.5% drop in April.
The gross domestic product in the U.K. rose 0.8% in the first quarter, in line with expectations, after a 0.8% gain the previous quarter. On a yearly basis, the U.K. GDP increased 3.0% in the first quarter, missing forecasts of a 3.1% rise, after a 3.1% gain the previous quarter.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,757.77 +22.65 +0.34%
DAX 9,815.17 +10.27 +0.10%
CAC 40 4,436.98 -2.65 -0.06%
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