Uniper slumps on 12.5 bln net loss
EZ Q2 GDP data due 0900 GMT
UK inflation tops 10, highest since 1982
Aug 17 Reuters European shares on Wednesday were little changed amid persisting recession fears, with investors eyeing growth and inflation data due this week for clues about the region39;s economic health and the monetary policy outlook.
The panEuropean STOXX 600 hovered near 10week highs in a choppy trading session. Food and beverage stocks gained 1.0 to scale near threeweek peaks, while real estate shed 1.1.
Overnight, results from retailers Walmart and Home Depot bolstered views on the health of U.S. consumers, lifting Wall Street stocks ahead of July retail sales data due from the world39;s largest economy.
The focus on Wednesday was also on the final euro zone flash GDP estimates for the second quarter due at 0900 GMT. While preliminary data showed fasterthanexpected growth, economists fear it might be the economy39;s last hurrah.
European markets have taken a cue from Wall Street and Asia amid hopes the U.S. might avoid a recession due to consumer resilience, but gains are limited with investors treading water ahead of the Q2 revision, keen to see whether the more buoyant 0.7 growth reading will be maintained, said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown.
UK39;s FTSE 100 was flat. British consumer price inflation rose to 10.1 in July, its highest since February 1982.
Another 50 bps hike from the Bank of…