European shares recovered from a weak start to trade higher on Wednesday, as a slew of corporate earnings beat expectations and data showed German consumer price inflation slowed as initially estimated in July.
German consumer price inflation slowed to 7.5 percent from 7.6 percent in June, final data from Destatis revealed - matching the flash estimate published on July 28. In May, headline inflation hit a record high 7.9 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.