Paris: European stocks fell on Friday as investors awaited a set of key economic data from the Eurozone and a US inflation report for clues on the timing of a potential interest rate cut. The pan-European STOXX 600 index fell 0.2 percent to 552.41 points, heading for its first weekly loss in a month if the current trend continues.
According to Yemen News Agency, concerns over the passage of key parliamentary resolutions in France and the independence of the Federal Reserve weighed on the index this week. The latest data showed that the French consumer price index rose slightly less than expected in August.
Personal consumption expenditures (PCE), the Fed's preferred measure of inflation, could shed light on how prices are affected by the latest US tariffs. Markets widely expect the US central bank to cut interest rates next month, following dovish comments from Federal Reserve Chairman Jerome Powell last week.