Shares rose at the start of trading


European stocks rose today at the start of tradingextending their recovery from the two-month low to which they fell earlier this week, with investors turning their attention to the forthcoming announcement of US inflation data.

The pan-European STOXX 600 index rose 0.4% at 10:15 Greek time, with real estate stocks recording the biggest gains.

The data to be released in the US is expected to show that the consumer price index fell to 0.2% in April on a monthly basis from 1.2% in March. Rising inflation has raised concerns that the US Federal Reserve (Fed) will raise interest rates aggressively.

Source: ΑΠΕ-ΜΠΕ

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