Europe shares slip at mid-session; data in focus -2-
Miners, oil and gas stocks lead losses (Il Sole 24 Ore Radiocor) - Milan, 03 Sep - Data showed on Friday that eurozone inflation dropped to a three-year low of 2.2% in August, according to statistics agency Eurostat, in line with forecasts.
The reading boosted expectations for a further rate cut in September from the European Central Bank.
Data released today by the British Retail Consortium showed UK retail sales were up 1% year on year in August.
In European stock market dealings most sectors were lower, with miners and oil and gas shares among the biggest decliners while media stocks rose.
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(RADIOCOR) 03-09-24 13:33:20 (0292) 5 NNNN