European stocks record their worst quarterly performance in a year, with losses of 2.9%.

European stocks rose during trading today, Friday, but the decline in recent sessions caused a weak monthly performance and the worst quarterly performance in a year.

The European Stoxx 600 index closed 0.5% higher in the session, with most sectors ending in positive territory as technology and household goods led the index.

The index closed on Wednesday at its lowest level in six months, recording losses this month of 2.1%, according to LSEG data, after a decline of 2.8% in August.

Despite achieving gains in July, this still led to the Stoxx index recording losses of 2.9% during the third quarter, its worst performance in a year.

On Friday, investors analyzed data on inflation in the euro zone, which fell to its lowest level since October 2021, with a decline of 4.3% in September.

This data comes after preliminary inflation figures issued by Germany showed that inflation slowed more than expected to 4.3%, the lowest level at the outbreak of the Russian-Ukrainian war.