June 13 - British stocks closed lower on Thursday, tracking European market losses as investors digested the Federal Reserve's projection for fewer US rate cuts this year, while health and safety equipment maker Halma soared after its results beat estimates.
Utilities , opens new tab and personal care stocks , opens new tab were the only outliers with gains of 0.3% and 0.5%, respectively."Mood across the European markets is heavy today due to political uncertainty and strongly softer-than-expected EZ industrial production data," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
A report also showed U.S. producer prices unexpectedly fell in May, in another sign of subsiding inflation.
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