Money and business

European stocks close mixed with STOXX and DAX rising


Closed ) by (0.10%) to reach (633.84) points.

While European stock indices

The French CAC 40 index recorded losses of (0.47%), reaching the level of (8,580.75) points.

Data from the European Statistics Agency showed "Eurostat" Inflation slowed in the euro area last January, as a result of the sharp decline in energy prices.

Inflation in the euro area

The unified consumer price index in the single European currency area rose by 1.7% on an annual basis last month, in line with estimates issued on February 4, after rising
by 2% in December.

With the exception of volatile energy and food prices, the core inflation rate slowed slightly to 2.2% from 2.3% in the previous month, which was also in line with previous estimates.

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