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European Shares Decline On Weak German, UK Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks fell in cautious trade on Monday as investors exercised caution ahead of China's trade balance figures and inflation readings from the United States and China due this week.

Meanwhile, official data showed that Germany's industrial production declined more than expected in June on weak auto production.

Industrial production posted a monthly fall of 1.5 percent in June, following a revised 0.1 percent drop in May, Destatis reported while analysts had forecast output to decrease moderately by 0.5 percent.

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