Financial Times FT.com

US inflation data ease European concerns

By Rachel Morarjee

Published: May 14 2008 09:53 | Last updated: May 14 2008 23:03

European equity markets recovered ground in late trade on Wednesday after US inflation data eased investor jitters.

The FTSE Eurofirst 300 was 0.6 per cent higher at 1.354.70, powered by gains in commodities stocks.

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