European stocks moved lower on Tuesday after official data confirmed that the eurozone remains in the grip of deflation with a stagnant jobless rate.

The FTSE 100 was recently down 0.19% at 6,258.60 in London as U.K. markets reopened following a public holiday. In Frankfurt, the Dax fell 0.28% to 10,304.52 and in Paris the Cac 40 dropped 0.27% to 4,517.04. S&P 500 mini futures were recently down 0.01%.

Deflation in the eurozone narrowed to 0.1% in May from a 0.2% year-on-year price decline in April, according to figures from the European Union's statistics agency. Eurostat's preliminary estimate was in line with analysts' forecasts and if confirmed in a later report means eurozone prices would have fallen year-on-year in three out of five months so far this year.

Eurostat also said the April unemployment rate in the eurozone held at 10.2%, as expected.

Separate figures from Germany out earlier today showed that country's jobless rate fell to a record low of 6.1% in May, while April retail sales unexpectedly fell from the month before.

In Frankfurt, Volkswagen (VLKAY) reversed initial gains to trade down 1.6% after posting mixed first-quarter figures and confirming its full-year outlook for revenue to decrease by up to 5%.

In London, Alliance Trust was recently up 3.4% after the investment trust confirmed having received an "informal" merger proposal from peer Jacob Rothschild's RIT Capital. RIT Capital today described the potential merger plan as very preliminary.

Insurer Delta Lloyd fell 1.5% in Amsterdam and private bank Van Lanschot fell 5% to euro 17.32 after Delta and an affiliate said they would offload depositary shares equating to up to 27.4% of Van Lanschot in a secondary offering. They set a price range of euro 15.00 to euro 18.00

In Paris Air France-KLM fell 1.8% after a report that China's HNA Group may buy a 49.99% stake in its Servair catering division for about euro 232.8 million ($259 million).

On mainland China, the CSI 300 composite surged 3.35% to 3,169.56 amid expectations that MSCI will add mainland shares to its index next month.

In Hong Kong, which also had a public holiday on Monday, the Hang Seng closed up 1.08% at 20,851.26.

Hong Kong-listed Dalian Wanda Commercial Properties (DLWNY) edged up 0.4% to HK$49.45. Parent Dalian Wanda Group said it would offer HK$52.80 per share, or HK$34.5 billion ($4.4 billion) in total, to take the company private.

In Tokyo, the Nikkei 225 closed up 0.98% at 17,234.98 and the Topix rose 1.01% at 1,379.80 as the yen weakened and speculation intensified about a potential delay to an April 2017 increase in Japan's sales tax. Reports suggested Prime Minister Shinzo Abe may push it back by two-and-a-half years.