European stocks move lower as investors digest fresh inflation data

Investors are also looking ahead to the release of May's core personal consumption expenditures price index.

LONDON — European stocks moved lower Friday afternoon, as investors digested key inflation data from the euro zone and looked ahead to price data stateside.was down 0.12% by 1:55 p.m. London time, with the majority of sectors and major bourses trading in the green. Oil and gas stocks rose 0.85%, while household goods dipped 0.84%.

French inflation slowed slightly in June, providing an economic boost for President Emmanuel Macron two days before the first stage of parliamentary elections on Sunday. The Insee statistics agencyThe U.K. economy grew by 0.7% in the first three months of the year, more than initially estimated, revised figures from the Office for National Statistics showed.were mixed ahead of the release of May's core personal consumption expenditures price index, the U.S.

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