European stock markets mid session: stocks traded lower on the disappointing corporate earnings

Stock indices traded lower on the disappointing corporate earnings.

Meanwhile, the economic data from the Europe was positive. Eurostat released its consumer price inflation data for the Eurozone on Friday. The preliminary consumer price inflation in the Eurozone rose to an annual rate of 0.0% in October from -0.1% in September, in line with expectations.

The preliminary consumer price inflation excluding food, energy, alcohol, and tobacco to an annual rate of 1.0% in October from 0.9% in September. Analysts expected the inflation to remain unchanged.

Food, alcohol and tobacco prices were up 1.5% in October, non-energy industrial goods prices gained 0.4%, and services prices climbed 1.3%, while energy prices dropped 8.7%.

Eurozone's unemployment rate declined to 10.8% in September from 10.9% in August. It was the lowest reading since January 2012.

August's figure was revised down from 11.0%.

Analysts had expected the unemployment rate to rise to 11.0%.

There were 17.323 million unemployed in the Eurozone in September, down from 17.454 million in August.

The lowest unemployment rate in the Eurozone in September was recorded in Germany (4.5%) and Malta (5.1%), and the highest in Greece (25.0% in July 2015) and Spain (21.6%).

The youth unemployment rate was 22.1% in the Eurozone in September, compared to 23.4% in September a year ago.

Current figures:

Name Price Change Change %

FTSE 100 6,374.06 -21.74 -0.34 %

DAX 10,763.96 -36.88 -0.34 %

CAC 40 4,872.89 -12.93 -0.26 %