India, Aug. 13 -- European stocks were broadly higher on Thursday as oil prices slipped on expectations of weakening demand and softer U.S. inflation data eased concerns over the possibility of a near-term Federal Reserve rate hike.
The British pound was coming under selling pressure after official data showed the U.K. economy expanded at a slower pace in the second quarter.
U.K. real gross domestic product grew 0.4 percent from a quarter, following first quarter's 0.6 percent expansion, according to data from the Office for National Statistics. The pace of growth matched expectations.
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