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Stock indices rose slightly due to increasing regional car sales. European car sales increased for a ninth month by 4.3% in May.
But the violence in Iraq still weighed on stock markets.
The ZEW Centre for Economic Research released its index for Germany and the Eurozone. The German economic sentiment dropped by 3.3 points to 29.8 in June from 33.1 in May. Analysts had expected an increase by 1.9 points to 35.0.
Eurozone’s ZEW economic sentiment climbed to 58.4 in June from 55.2 in May, missing expectations for a gain to 59.6.
The annual rate of inflation in the U.K. declined 1.5% in May, after 1.8% in April. That was the lowest level since October 2009.
Name Price Change Change %
FTSE 100 6,755.72 +1.08 +0.02%
DAX 9,900.97 +16.99 +0.17%
CAC 40 4,513.19 +3.14 +0.07%
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