Stock indices traded higher on the positive trade data from the Eurozone. Eurostat released its trade data for the Eurozone on Tuesday. Eurozone’s unadjusted trade surplus climbed to €28.6 billion from €19.0 billion in February.
Exports fell at an unadjusted annual rate of 3.0% in March, while imports dropped 8.0%.
The Office for National Statistics (ONS) released the consumer price inflation data for the U.K. on Tuesday. The U.K. consumer price index fell to 0.3% year-on-year in April from 0.5% in March. Analysts had expected to remain unchanged at 0.5%.
The decrease was mainly driven by declines in air fares and prices for clothing, vehicles and social housing rent.
On a monthly basis, U.K. consumer prices increased 0.1% in April, missing expectations for a 0.3% gain, after a 0.4% rise in March.
Consumer price inflation excluding food, energy, alcohol and tobacco prices declined to 1.2% year-on-year in April from 1.5% in March, missing expectations for a decrease to 1.4%.
The U.K. house price index increased at a seasonally adjusted rate of 2.5% in March, after a 0.2% gain in February.
On a yearly basis, the U.K. house price index increased at a seasonally adjusted rate of 9.0% in March, after a 7.6% rise in February. It was the biggest rise since March 2015.
Current figures:
Name Price Change Change %
FTSE 100 6,199.47 +48.07 +0.78 %
DAX 9,984.12 +31.22 +0.31 %
CAC 40 4,335.85 +23.57 +0.55 %
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