European equities drifted lower as investors balanced a worsening economic slowdown in China with US inflation data that reduced bets of the Federal Reserve moving closer to its first pandemic-era interest rate rise.
The region-wide Stoxx Europe 600 index fell 0.2 per cent while the UK’s FTSE 100 lost 0.1 per cent.
Data on Tuesday showed that US consumer prices rose 0.3 per cent in August from July, a sharp deceleration from the previous month-on-month increase.
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