European stocks pull back; autos stocks fall over 1%

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FTSE MIB,Economy,Germany

European markets were lower on Friday after a rocky start to 2025 for stocks around the world.

Autos stocks led losses, down 1.24% as they extended Thursday's decline, while travel and leisure stocks shed 1.3%. One of the few sectors to rise was financial services stocks, which were last 0.67% higher., which climbed 5% and was on course for its best week since October on reports of a series of new airline fuel contracts. The stock was last up 4.5%.was down 3.16% after the Italian carmaker reported a 45.

Investors weighed regional and global political uncertainty that could affect markets and the economy, including political instability in France, upcoming elections in Germany and potential tariffs under U.S. President-elect Donald Trump.Turkey's consumer price index fell to 44.38% on an annual basis in December, down from 47.09% in November. Economists had expected inflation to fall to 45.2%, according to a Reuters poll.of the Polish consumer price index reflected a 4.8% increase in December on an annual basis, also below a Reuters forecast.said the number of unemployed people increased by 33,000 to 2.807 million in December compared to the previous month. The unemployment rate edged 0.1% higher to 6%, the agency added.

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