According to the data released by the US Department of Labor today, the Consumer Price Index (CPI) did not change on a monthly basis in July, but increased by 8.5 percent on an annual basis, below the expectations.
At the close, the benchmark index Stoxx Europe 600 rose 0.89 percent to 439.88 points.
The FTSE 100 index in the UK increased by 0.25 percent to 7,507.11 points, and the CAC 40 index in France increased by 0.52 percent to 6,523.44 points.
In Italy, the FTSE MIB 30 index increased by 0.95 percent to 22,702.44 points, while the DAX 30 index in Germany increased by 1.23 percent to 13,700.93 points.
Euro / dollar parity, on the other hand, is trading at 1.033 levels with an increase of 0.26% as of 19.07 TSI.