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European stock markets fell on Friday as regional markets reopened after being closed for Christmas.

Pan-European Stoxx 600 the index fell 0.1% shortly after the opening bell, with most sectors and major exchanges in the red.

Investors are monitoring economic data outside China, where official data shows industrial gains in the world's second-largest economy in November for the fourth month in a row.

Data printing came the day after the World Bank raised its growth forecasts for China in 2024 and 2025, but warned that the country's economy will remain under pressure due to weak business confidence and continuing uncertainty in China's struggling real estate sector.

The markets were of a mixed nature in Asia, in response to the latest inflation data from China, as well as the latest inflation data outside Japan. IN update on Fridayofficial data showed core inflation in Tokyo was 3% in November, down from 2.6% in October.

In Europe, Spain and Norway will release November retail sales data on Friday.



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