LONDON Aug 28 European shares edged down from
one-month highs on Thursday following uncertainty regarding the
European Central Bank's possible move to ease policy to
stimulate growth in the region.
ECB sources said late on Wednesday that the central bank was
unlikely to take new policy action next week unless August
inflation figures on Friday show the euro zone sinking
significantly towards deflation.
Investors awaited preliminary German inflation data due
later in the session for hints about how soft the euro zone
numbers might turn out. Other data releases include German
unemployment, Italian retail sales and euro zone economic
At 0709 GMT, the pan-European FTSEurofirst 300
index was down 0.2 percent at 1,375.48 points after hitting a
one-month peak in the previous session.
Optical equipment maker Essilor rose 5.5 percent
after it forecast full-year revenue growth of more than 13
percent excluding currency effects, after first-half sales rose
(Reporting by Atul Prakash; Editing by Sudip Kar-Gupta)