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European stocks rise across the board, euro zone inflation falls

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China Business News 2022-12-01 09:30:29

Editor in charge: Zhu Mengyun

European stock markets generally rose on Wednesday. In the end, France’s CAC40 index had the biggest gain, followed by Britain’s FTSE 100 index and the European Stoxx 600 index, and Germany’s DAX index had the least gain. It is worth noting that headline inflation in the euro zone fell to 10.0% in November from 10.6% in October, the first drop since June 2021. Some market analysts pointed out that this indicated that inflation could general in the euro zone has passed its peak; given the high core inflation, the European Central Bank should raise interest rates by at least 50 basis points in December, and may even raise interest. rates of 75 basis points.

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European stocks rise across the board, euro zone inflation falls

European stock markets generally rose on Wednesday. In the end, France’s CAC40 index had the biggest gain, followed by Britain’s FTSE 100 index and the European Stoxx 600 index, and Germany’s DAX index had the least gain. It is worth noting that headline inflation in the euro zone fell to 10.0% in November from 10.6% in October, the first drop since June 2021. Some market analysts pointed out that this indicated that inflation could general in the euro zone has passed its peak; given the high core inflation, the European Central Bank should raise interest rates by at least 50 basis points in December, and may even raise interest. rates of 75 basis points.

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