European markets gain, UK inflation slows to 2.5% in December

London (UKX) +0.67% Annual inflation rate in the UK unexpectedly edged lower to 2.5% in December.

The Retail Price Index in the United Kingdom advanced by 3.5% year-on-year in December, below-market estimates of 3.8%.

Germany (DAX:IND) +0.31% Germany’s wholesale prices edged up