India, May 21 -- European stocks fell from nine-week highs on Wednesday as investors fretted about the lack of progress on trade deal and closely monitored discussions on the U.S. budget bill and federal deficit.
Sentiment was also spooked after data showed U.K. consumer price inflation accelerated more than expected in April.
The consumer price index rose 3.5 percent year-on-year in April, faster than the 2.6 percent increase in March. Inflation was expected to rise to 3.3 percent.
On a monthly basis, the CPI advanced at a faster pace of 1.2 percent after rising 0.3 percent in March. This was also faster than the forecast of 1.1 percent.
The pan European STOXX 600 dropped 0.3 percent to 552.65 after climbing 0.7 percent in the previous...