Chinese Economic Data Damper Asian Markets, Europe Flat to Down

stock market numbersAsian stock markets closed lower (except Japan) as we begin a new week with disappointing economic data from China.

Chinese industrial production growth slowed slightly from 9.9% from 10.3% in December but inflation jumped to 3.2% year over year in February compared to just 2% previously.

Hong Kong was flat, China down 0.3%, India flat at -0.1% and Japan bucking the trend was higher by a good 0.5%.

In early trading in Europe London was flat, Paris down 0.4% and Frankfurt -0.3%.