India, May 23 -- European stocks edged higher on Friday after the release of better-than-expected regional data. Retreating bond yields also offered some support.
The German economy logged a stronger-than-estimated growth in the first quarter, detailed report from Destatis revealed.
Gross domestic product registered a quarterly growth of 0.4 percent compared to the previous estimate of 0.2 percent expansion. This followed a 0.2 percent contraction in the fourth quarter.
Elsewhere, U.K. retail sales rebounded more than expected in April as good weather boosted food store sales, official data showed.
Retail sales grew 1.2 percent on a monthly basis in April, following a revised 0.1 percent rise in March. Sales were expected to climb only ...