European Shares Recover After Subdued Start

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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by RTTNews Staff Writer

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