European stocks close: stocks closed mixed on the Chinese economic data

Stock indices closed mixed on the Chinese economic data. The National Bureau of Statistics said on Monday that China's economy expanded 6.9% in the third quarter, beating expectations for a 6.8% gain, after a 7.0% in the second quarter. It was the weakest growth since 2009.

The growth missed the official target of 7%.

The European Central Bank (ECB) Governing Council Member Ewald Nowotny said in an interview with the Polish newspaper Rzeczpospolita on Monday that additional measures, including structural reforms and fiscal policy changes, are needed to boost the economic growth in the Eurozone.

In an interview with Polish daily Puls Biznesu, Nowotny said on Monday that it is too early to talk about the adjustments of the central bank's asset-buying programme.

Meanwhile, the economic data from the Eurozone was negative. The Eurostat released its construction production data for the Eurozone on Monday. Construction production in the Eurozone decreased 0.2% in August, after a 0.4% rise in July.

Civil engineering output fell 0.3% in August, while production in the building sector was down 0.2%.

On a yearly basis, construction output dropped 6.0% in August, after a 0.3% decline in July. July's figure was revised down from a 1.8% gain.

Civil engineering output plunged 5.5% year-on-year in August, while production in the building sector slid 6.3% year-on-year.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,352.33 -25.71 -0.40 %

DAX 10,164.31 +59.88 +0.59 %

CAC 40 4,704.07 +1.28 +0.03 %