India, Aug. 20 -- European stocks were subdued on Wednesday after closing at five-month high in the previous session on news of a potential Ukraine-Russia summit.
In economic releases, U.K. consumer price inflation accelerated in July on higher transport cost, tempering BoE rate-cut expectations.
The consumer price index posted an annual growth of 3.8 percent after rising 3.6 percent in June. Analysts had expected prices to climb 3.7 percent.
Elsewhere, Germany's producer prices declined for the fifth straight month in July amid cheaper energy prices, Destatis reported.
The producer price index dropped 1.5 percent year-on-year in July, faster than the 1.3 percent fall in June.
The pan European STOXX 600 was down 0.2 percent at 556.80 a...