European Shares Mostly Lower In Cautious Trade

European stocks were lackluster on Wednesday as investors moved to the sidelines awaiting further clarity over North Korea and U.S. President Donald Trump’s tax reform bill.

In economic releases, German consumer price inflation rose to a four-month high of 1.8 percent in August from 1.7 percent in July, final data from Destatis showed, coming in line with the preliminary estimate released on August 30.

Eurozone industrial production grew 0.1 percent month-on-month in July, in contrast to a 0.6 percent fall in June, Eurostat reported. Monthly growth matched economists’ expectations.

U.K. wage growth for the three months to July missed expectations despite the jobless rate hitting a 42-year low of 4.3 percent.

The pan-European Stoxx Europe 600 index was down 0.3 percent at 380.31 in late opening deals after rising half a percent on Tuesday to extend gains for a fifth day.

The German DAX…

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