STOXX stares at 1 loss on the week
British household energy prices to jump 80 from October
French consumer confidence unexpectedly rises in August
Dymon Asia to buy Salzgitter39;s Singapore unit

Aug 26 Reuters European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to rising energy costs and the path for U.S. interest rate hikes ahead of Federal Reserve Chair Jerome Powell39;s speech at Jackson Hole.

The panEuropean STOXX 600 dipped 0.1 in choppy trade, after rising at the open.

European Central Bank policymakers appeared increasingly concerned that high inflation is getting entrenched, minutes of the July 21 showed on Thursday, even as recession risks loomed.

The STOXX was on pace to end the week down nearly 1 and log its second straight weekly decline.

German consumer sentiment is set to hit a record low for the third month in a row in September, a new survey showed, as households brace for surging energy bills. In contrast, French consumer confidence unexpectedly rose in August.

German recession fears just became more intense with the sentiment index falling to a new record low… Germany is particularly reliant on external energy producers, and people are saving at the highest in 11 years, showing consumers are taking precautions in case of the worst case scenario, said Sophie LundYates, lead equity analyst at Hargreaves Lansdown.

Elsewhere, regulator Ofgem said British energy bills will rise an eyewatering…