German industrial output posts unexpected fall in Oct
Final eurozone Q3 GDP due
Sanofi to focus on 12 blockbuster drug candidates, shares rise
Travel and leisure stocks slip as JPM downgrades airline stocks

Dec 7 Reuters European shares took a breather on Thursday after strong gains recently, with travel and leisure stocks leading declines, as investors grew wary of a economic downturn after weak German data and awaited the eurozone39;s GDP print

The panEuropean STOXX 600 was down 0.3 by 0935 GMT after touching a more than fourmonth high on Wednesday. The index is on track for its fourth straight weekly gain.

Germany39;s DAX, too, fell 0.2 after scaling a fresh alltime high in the prior session.

It seems like a runaway trade, and we may see a little correction given the overextended rally. By no means is this a turning point as there39;s still further momentum to go, said Daniela Hathorn, senior market analyst at Capital.com.

Fresh data showed Germany39;s industrial sector struggling as Germany39;s industrial production unexpectedly fell in October, a day after industrial orders in the 20bloc nation39;s largest economy also surprisingly fell during the same month.

Further, data showed Italian industrial output fell 0.2 in October monthonmonth, a fraction less than expected.

At the back of everyone39;s mind on the macro side, fundamentally, there are some concerns, Hathorn added.

Travel and leisure led sectoral losses, shedding 1.2, following a 3.35.4 drop…