European stocks trade mixed as inflation concerns dominate market sentiment; Greggs tumbles 10%

European Market Overview: European stocks showed mixed performance with the Stoxx 600 index fluctuating around the flatline, influenced by inflation concerns and varied sector performances; retail stocks fell while mining stocks gained.

Corporate Updates: Greggs reported a sales increase but fell short of expectations, Volkswagen's vehicle deliveries declined, and China's consumer price inflation raised deflation worries, reflecting broader economic challenges.