LONDON (The Deal) -- European stock markets slipped on Thursday amid lackluster economic data from the eurozone economy.
Disappointing news included an unexpected month-on-month decline in German retail sales in February and static unemployment numbers, which economists had expected to decline, from Germany for March.
Meanwhile, eurozone consumer price data showed prices were down 0.1% on a year earlier in March, marking the second consecutive month of deflation.
In the U.K., however, which is outside the eurozone, the news was brighter. An upward revision of fourth-quarter GDP data pushed up the pound against the dollar. The growth estimate was lifted to 0.6% quarter-on-quarter from 0.5%, and to 2.1% year-on-year from 1.9%.
By late morning in London, the FTSE 100 was down 0.62% at 6,164.60. The DAX in Frankfurt had slipped 0.56% to 9990.65 and in Paris the CAC 40 had ceded 1.11% of its value to stand at 4,395.02.
S&P 500 futures were down 0.15%.
In Paris, Bouygues (BOUYF) was down 3.7% by late morning after the construction and telecoms conglomerate gave Orange (ORAN) until Sunday to come up with a suitable offer for Bouygues Telecom after the companies missed a Thursday deadline to forge a deal. Orange dropped 2%.
Tour operator Tui (TUIFY) was up well over 5% in London, making it the leading riser on the FTSE 100, after it reported strong demand for long-haul trips to destinations including Mexico and the Caribbiean, as well as short-haul trips to Spain, even though demand for trips to Turkey was subdued. It predicted underlying Ebita growth for the full year of at least 10%.
Online appliances retailer AO World's shares were up by almost 6% by late morning in London after the company said that fourth-quarter revenue and Ebitda exceeded its expectations.
Home-emergency company HomeServe was up about 1.4% after announcing the $75 million purchase of Pa.-based peer Utility Services Partners.
Markets in Asia were mixed.
In Hong Kong, the Hang Seng slipped 0.13% to 20,776.70. But Dalian Wanda Commercial Properties closed up 18.4% at HK45.95 in Hong Kong after parent Dalian Wanda Group, which is owned by Wang Jianlin, said it is considering a general offer for the unit worth at least HK48 per share.
In Tokyo, the Nikkei 225 retreated 0.71% at 16,758.67 and the Topix fell 0.67% to 1,347.20. Sharp (SHCAY) closed down 4.4% a day after Taiwan's Hon Hai Precision Industry Co. HNHPF, or Foxconn, agreed to a ¥389 billion ($3.5 billion) deal for a 66% stake in Sharp. Hon Hai closed up 1.8% in Taipei.
On mainland China, the CSI 300 composite index carved out a 0.06% gain to close at 3,218.09.