Spain 12month inflation rises to 2.6 in August driven by fuel
FTSE 100 rises 0.4 as sterling slips after mixed UK jobs data
Germany39;s SAP slips after peer Oracle sales disappoint
STOXX 600 flat, Germany39;s DAX down 0.4
Sept 12 Reuters European shares were flat on Tuesday as losses in technology stocks offset gains by healthcare companies, while Germany39;s biggest software maker SAP fell after U.S. peer Oracle39;s disappointing revenue forecast.
The panEuropean STOXX 600 index was little changed as of 0812 GMT, while weakness in tech stocks weighed on Germany39;s DAX, trading down 0.4 and lagging regional peers.
Shares of SAP slid 1.9 to the bottom of the German bluechip index DAX, after its U.S. peer Oracle projected currentquarter revenue below Wall Street targets as tough economic conditions pressured cloud spending by businesses.
Healthcare stocks rose 0.6, with drugmakers Novartis, Novo Nordisk and Roche gaining between 0.5 and 1.8.
Britain39;s exportfocussed FTSE 100 rose 0.4, supported by a softer pound after data showed labour market weakened even as wage growth stayed strong in July, painting an unclear picture ahead of the Bank of England39;s interest rate decision next week.
The strength of wage growth remains too strong for policymakers to declare victory, even if continued softening elsewhere in the release suggests that this is unlikely to persist for much longer, said Nick Rees, FX market analyst at Monex Europe.
Unless a significant surprise…