European stocks closed higher on Friday amid expectations of further rate cuts by central banks despite data showing an acceleration in eurozone inflation. Investors also digested French GDP data and Germany's retails sales and unemployment data.
The pan European Stoxx 600 climbed 0.58%. Germany's DAX advanced 1.03% and France's CAC 40 gained 0.78%, while the U.K.'s FTSE 100 edged up 0.07% and Switzerland's SMI closed higher by 0.46%.
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