Europe Markets Better As Euro Zone Inflation Surprises; Carrefour Down 14%

The French retailer Carrefour dropped 14 percent after warning that its profits could fall in 2017 due to lower sales growth.
Basic resources and construction were the top performing sectors, moving above 1 percent in late morning deals on ratings upgrades and better-than-expected data from China.
The pan-European Stoxx 600 was 0.57 percent higher with most sectors trading in positive territory.
Metro, the German retail group saw its overall third-quarter sales rise by 4.9 percent to 9.3 billion euros, with the stock edging slightly lower in late morning trade.
Antofagasta was up 4 percent and Rio Tinto was 2 percent higher after the firms saw their price targets revised upwards by Jefferies.

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