European markets open higher amid inflation reports

European markets opened higher on Thursday as a new set of key economic data was released today before the opening, France released the latest Consumer Price Index figures as inflation in February fell from 3.1% to 2.9%. But it was better than the forecast, which was at the levels of 2.7%.

In addition, investors are waiting for the release of the German Consumer Price Index, and after that the Personal Consumption Expenditures price index in the United States, which is the Fed's favorite inflation indicator.

With the opening of European trading, the French CAC 40 index added by 0.25%, while the index improved, the British FTSE 100 index also rose by 0.30%, the European Euro Stoxx 50 index also improved by 0.12%, the German DAX Index also rose by 0.21%, with Siemens being the best performer at the opening, up by 0.77%.