EZ March business activity returns to growth
Sanofi to settle 4,000 Zantac cancer lawsuits in US state courts
Volvo Cars gain after posting record March sales
STOXX 600 up 0.2

April 4 Reuters European stocks climbed on Thursday with investors awaiting an inflation print and minutes from the European Central Bank39;s latest meeting, while shares of Basilea jumped following the U.S. regulatory approval for the drugmaker39;s bacterial therapy.

The continentwide STOXX 600 index was up 0.2, as of 0837 GMT, led by a 1.6 gain in the basic resources sector as copper prices hit levels seen last in January 2023.

Top on traders radar is the currency union39;s February producer prices data, due at 0900 GMT, with economists polled by Reuters expecting a 8.6 decline, unchanged from January.

The data would follow a coolerthanexpected March consumer inflation print, which is still away from the ECB39;s 2 target.

Although PPI takes time to engage and we39;re seeing signs of that cooling quite quickly, CPI takes into account other areas of inflation, such as services and wage growth which is what39;s preventing that final fall down to the 2 level, Fiona Cincotta, senior market analyst at City Index said.

Later in the day, investors will also parse minutes from ECB39;s March meeting to ascertain the timing of the muchawaited first interest rate cut.

The benchmark index had a lacklustre start to the second quarter with investors looking for more signs of confirmation on the…