European markets closed lower Friday as investors reacted to disappointing data prints from two of the region's largest economies.
The pan-European Stoxx 600 provisionally closed 0.62% lower, also recording a weekly loss after three weeks in the green.
Friday's downbeat mood followed unexpected declines in both U.K. GDP and key export data from Germany.
The U.K. economy contracted by an estimated 0.1% on a monthly basis, the ONS said Friday, with officials attributing the downturn to a decline in production output. Economists polled by news agency Reuters had projected a 0.1% rise in GDP in October.
In France, President Emmanuel Macron named Francois Bayrou his new prime minister on Friday. The announcement comes after weeks of political turmoil in the country, during which lawmakers ousted former prime minister Michel Barnier.
Source: CNBC
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