European shares increase on inflation data

The majority of European shares gained earlier on Monday trading session as the government bond yields and the euro-area currency increased after a report showed that inflation in the Eurozone slowed suggesting that the ECB may cut interest rates further.  The FTSE EuroFirst 300 index added 0.1% to 1,333, while the British FTSE 100 gauge gained 0.2% and the Germany DAX rose 0.1%.