What are the European stock markets doing today? At the end of trading on Friday stock indices in Western Europe changed multidirectional, investors looked at macroeconomic statistics and corporate news.

Which European stocks to buy?

Consumer prices in Germany, harmonized with EU standards, rose 11.6% year on year in October, the fastest pace in history, according to final data from the country’s Federal Statistical Office (Destatis). In monthly terms, prices rose 1.1 percent. The dynamics of both indicators matched previously announced data and the average forecasts of analysts surveyed by Trading Economics.

The U.K. economy shrank 0.2% in the third quarter from the previous three months, recording its first decline in a year and a half, preliminary data from the National Statistics Office (ONS) showed. Analysts on average had expected a decline of 0.5%. The British economy is now 0.4% below its pre-pandemic (fourth quarter 2019) level, the ONS said.

Stoxx Europe 600 composite index of the region’s largest companies was up 0.09% at 432.26 points by the close of trading.

Earlier we reported that the U.S. daily stock indexes up 0.1-1.9%.