Sunday May 31, 2020

Market report: European shares drop for a third day on China worries

European shares drop for a third day after Chinese inflation data provided further evidence of weakness in the world’s second-largest economy

13th October, 2015

European shares dropped for a third day after Chinese inflation data provided further evidence of weakness in the world’s second-largest economy.

Data released today showed that consumer inflation in China eased more than expected in September while producer prices fell for the 43rd straight month.

By 12:00 p.m., London’s FTSE 100 was down 0.7 per cent, France’s CAC 40 lost 0.5 per cent while Germany’s DAX shed 0.8 per cent. In Dublin, the...

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