European markets cautiously higher as euro zone inflation falls less than expected
The pan-European Stoxx 600 experienced a 0.4% increase by mid-afternoon, driven by a 1.3% surge in bank stocks leading the gains, while insurance stocks saw a 0.4% decline. The flash euro zone inflation data for February revealed a decrease in the headline consumer price index to 2.6% from January’s 2.8%. Economists surveyed by Reuters had predicted a headline reading of 2.5%. The European Central Bank … Continue reading European markets cautiously higher as euro zone inflation falls less than expected
