were mostly lower in Wednesday trade as investors reacted to the release of Chinese inflation data.
China's producer price index for May jumped 9% from a year earlier, against expectations in a Reuters poll for a 8.5% increase. The country's consumer price index in May rose 1.3% from a year earlier, lower than an expected 1.6% rise in a Reuters poll.global economy now expected to grow 5.6% in 2021Still, the organization warned in a Tuesday press release that global output will be about 2% below pre-pandemic projections by the end of this year in spite of the recovery.
On the earnings and data front in Europe, retail giant Inditex releases second-quarter earnings and Germany publishes its latest import and export data.Sign up for
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