Stock indices traded lower on the weak Chinese consumer inflation data. The Chinese National Bureau of Statistics released its consumer and producer price inflation data for China on Tuesday. The Chinese consumer price index (CPI) rose at annual rate of 1.3% in October, missing expectations for a 1.5% increase, after a 1.6% gain in September. The Chinese producer price index (PPI) dropped 5.9% in October, missing expectations for a 5.8% fall, after a 5.9% decline in September.
Meanwhile, the economic data from the Eurozone was positive. The French statistical office Insee its industrial production figures on Tuesday. Industrial production in France rose 0.1% in September, exceeding expectations for a flat reading, after a 1.7% gain in August. August's figure was revised up from a 1.6% increase.
Manufacturing output was flat in September, while construction output slid 1.7%.
Output in mining and quarrying, energy, water supply and waste management increased 0.7% in September.
On a yearly basis, the French industrial production dropped 1.0% in September, after a 0.6% gain in August.
Name Price Change Change %
FTSE 100 6,271.34 -23.82 -0.38 %
DAX 10,764.39 -51.06 -0.47 %
CAC 40 4,891.36 -19.81 -0.40 %