Stock markets veer up on softer economics


European shares rallied as investors cheered another softer-than-expected reports on US consumer prices, while German inflation decelerated from a 70-year high.

The pan-European Stoxx 600 index edged up 1.29% to 442.60, with major regional bourses all higher, including a 1.34% advance for the German Dax that took it to 14,497.89.

Economists expected...