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- European stocks close: stocks closed slightly higher after the better-than-expected GDP data from Eurozone
European stocks close: stocks closed slightly higher after the better-than-expected GDP data from Eurozone
Stock indices closed slightly higher after the better-than-expected GDP data from Eurozone. Eurozone's consumer price index was flat in October, in line with expectations, after a 0.4% gain in September.
On a yearly basis, Eurozone's consumer price inflation remained unchanged at 0.4% in October, in line with expectations.
Eurozone's consumer price inflation excluding food, energy, alcohol and tobacco fell to an annual rate of 0.7% in October from 0.8% in September.
Eurozone's preliminary gross domestic product (GDP) increased 0.2% in the third quarter, exceeding expectations for a 0.1% rise, after a 0.1% gain in the second quarter.
Germany's preliminary GDP gained 0.1% in the third quarter, in line with expectations, after a 0.1% decline in the second quarter. The second quarter's figure was revised up from a 0.2% drop.
France's preliminary GDP increased 0.3% in the third quarter, beating expectations for a 0.1% gain, after a 0.1% decrease in the previous quarter. The second quarter's figure was revised down from a flat reading.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,647.62 +12.17 +0.18%
DAX 9,252.94 +4.43 +0.05%
CAC 40 4,202.46 +14.51 +0.35%
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