European Shares Decline As Focus Shifts To US CPI Data

India, March 11 -- European stocks declined on Monday amid much uncertainty about the outlook for interest rates.

After February U.S. payroll figures exceeded expectations, investors now look ahead to the release of key U.S. consumer price inflation and producer price data this week for further direction.

Closer home, investors are increasingly confident the European Central Bank (ECB) may lead global peers with a rate cut in June.

The pan European STOXX 600 was down 0.3 percent at 501.56 after ending flat with a positive bias on Friday.

The German DAX fell 0.7 percent, France's CAC 40 shed 0.3 percent and the U.K.'s FTSE 100 was down 0.2 percent.

Tech stocks led losses, with Infineon Technologies and ASM International both falling mor...