(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
April 19 (Reuters) - European shares fell on Wednesday,
as investors scrutinised UK inflation data and corporate
earnings while awaiting euro zone March inflation data for more
clues on European Central Bank’s monetary tightening path.
The pan-European STOXX 600 index declined 0.2% by
0710 GMT, with rate-sensitive real estate and
technology shares down 1.6% and 1.7% respectively on
hawkish comments by ECB officials signalling more rate hikes.
Foods and beverages index limited the declines,
rising 0.5%.
Britain now has Western Europe's highest rate of consumer
price inflation, despite falling to 10.1% in March from
February's 10.4%.
Investors will closely monitor euro zone inflation, due at
0900 GMT, expected to rise 6.9% in March on a yearly basis from
the same pace in February.
Heineken NV rose 3.2% after it reported a
steeper-than-expected decline in first-quarter beer sales but
maintained its forecast for profit growth in 2023.
Worldline SA climbed 5.7% after began exclusive
talks with French bank Credit Agricole SA to form a
merchant services joint venture.
(Reporting by Shubham Batra in Bengaluru; Editing by Varun H K)
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