European markets open higher ahead of Euro zone inflation data.
European markets opened higher on Friday, after ending a five-day losing streak in the previous session.index was up by 0.4%, with most sectors trading in positive territory. Household goods were 1.3% higher, followed by tech stocks, which were up 1.2%. Oil and gas bucked the trend with a 0.3% downturn.
Investors will be looking out for euro zone inflation figures Friday, after preliminary inflation figures from Germany showed inflation slowing more than expected Thursday. Harmonized data for Europe's biggest economy showed a 4.3% increase in consumer prices since September 2022 — the lowest level since Russia's full-scale invasion of Ukraine.
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