European stocks were mixed Wednesday as investors responded to concerns over Chinese demand for commodities, individual company announcements and a raft of economic numbers that hit the market during the course of the session.
The FTSE 100 slipped 0.30% to 7,474. The CAC 40 also slid in Paris, closing down 0.35%, at 5,243. In Frankfurt, the DAX bucked the west European trend with a gain of 0.32%, to close at 12,805.
Wage data showed average compensation rising at a slower than expected pace during the three months to the end of April, tracking below the rate of inflation, while US consumer price expansion came in below economist forecasts.
Over in southern Europe, stocks were broadly in the red, with both the IBEX in Madrid and the FTSE MIB in Milan falling for the session.
Mining stocks were the biggest weight around the ankle of London's markets Wednesday after Chinese industrial production data showed showed steel and cement output growth slowing sharply during the recent month.
Oil stocks were also weaker after the weekly commercial inventories report showed stockpiles in the U.S. falling at a slower than expected pace. Brent and WTI crudes fell close to 4% during late afternoon trading in London to $46.94 and $44.72 respectively.
British American Tobacco (BTI) - Get Report stock gained just more than 0.50% after delivering a solid trading update in which it said that earnings in the first half and full year will benefit from a significant foreign exchange boost.
In Paris Technip (TKPPY) was top of the list of fallers on the CAC 40 after shares of the oil, gas and industrial engineering firm slid by more than 2%.