{"id":36955,"date":"2023-07-31T09:30:42","date_gmt":"2023-07-31T09:30:42","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2023\/07\/31\/european-shares-mostly-higher-after-eu-inflation-growth-data\/"},"modified":"2023-07-31T09:30:42","modified_gmt":"2023-07-31T09:30:42","slug":"european-shares-mostly-higher-after-eu-inflation-growth-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2023\/07\/31\/european-shares-mostly-higher-after-eu-inflation-growth-data\/","title":{"rendered":"European Shares Mostly Higher After EU Inflation, Growth Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks were flat to slightly higher on Monday after China&#8217;s State Council announced further measures to bolster consumption and economic growth.<\/p>\n<p>Closer home, Eurozone returned to growth in the second quarter amid falling inflation, data showed. <\/p>\n<p>GDP in the euro area grew 0.3 percent in the second quarter of 2023 compared to the previous quarter, Eurostat reported. <\/p>\n<p>Separate figures from the statistical office revealed that Eurozone inflation fell in line with expectations to 5.3 percent year-on-year in July, compared with 5.5 percent in June. <\/p>\n<p>The pan European STOXX 600 was marginally higher at 471.05 after declining 0.2 percent on Friday. <\/p>\n<p>The German DAX rose 0.2 percent, France&#8217;s CAC 40 gained 0.4 percent and the U.K.&#8217;s FTSE 100 was little changed. <\/p>\n<p>Brewer Heineken plunged nearly 6 percent after slashing its 2023 earnings guidance. Peers Diageo and Anheuser-Busch Inbev were down about 1 percent each. <\/p>\n<p>Novo Nordisk jumped 2.6 percent after launching its blockbuster weight-loss drug Wegovy in Germany.<\/p>\n<p>British building and roofing products supplier Marshalls slumped 8.4 percent after lowering its annual forecast. <\/p>\n<p>Telecoms giant BT Group fell about 1 percent after appointing Allison Kirkby as its new chief executive. <\/p>\n<p>Auto and aircraft parts supplier Senior Plc tumbled 3.2 percent despite reporting a rise in half-yearly profit. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Mostly Higher After EU Inflation, Growth Data<\/a><br \/>\n<br \/>2023-07-31 09:30:42<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks were flat to slightly higher on Monday after China&#8217;s State Council announced further measures to bolster consumption and economic growth. Closer home, Eurozone returned to growth in the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":36956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-36955","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/36955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=36955"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/36955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/36956"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=36955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=36955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=36955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}