European stocks rose on Tuesday to hit new highs, as investors digested mostly positive economic data and looked ahead to the release of key U.S. inflation data due on Thursday for clues on when the Federal Reserve may begin to talk about tapering its asset purchases.
The pan European Stoxx 600 rose 0.3 percent to 455.03 after closing 0.2 percent higher on Monday. The German DAX inched up 0.2 percent, while France's CAC 40 index and the U.K.'s FTSE 100 were up around 0.4 percent.
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