European stock markets hit by US inflation


The control room of Euronext, the company that manages the Paris Stock Exchange (AFP/Archives/ERIC PIERMONT)

European stock markets fell sharply on Tuesday, in response to higher-than-expected US inflation and expected repercussions on US central bank policy.

Sharply up mid-session, the European indices fell as soon as the publication of the American administration was released: Paris finally ended down 1.39%, London 1.17%, Milan 1.36% and Frankfurt by 1.59%. Rates were rising on the debt market, and the dollar was strengthening strongly.

© 2022 AFP

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