European stocks were mixed on Thursday, April 4, after inflation data yesterday showed a slowdown that was higher than expected, and as investors awaited producer price index data and the minutes of the European Central Bank's latest meeting.
The pan-European STOXX 600 index rose 0.1% ahead of the release of producer price data in the region for February, due at 09:00 GMT.
The producer price index is likely to fall 8.6%, unchanged from January, according to economists polled by Reuters.
ECB meeting minutes
Later today, investors will analyze the minutes of the European Central Bank's March meeting for clues about when the long-awaited first interest rate cut will be made.
Shares of Basilea Pharmaceuticals jumped 9.4% to their highest in more than six months after the Swiss company won U.S. health regulator approval for its antibiotic Zeftira to treat bacterial infections.
