European stocks were mostly lower on Friday, with U.K. stocks bucking the weak trend as the pound faced pressure on weak GDP data.
Germany's consumer price inflation increased as initially estimated in August to the highest level in five months, the latest figures from the statistical office Destatis showed earlier today.
The consumer price index rose 2.2 percent year-on-year following a 2.0 percent rise in each of the previous two months. That was in line with the flash data published on August 29.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.