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European Stocks Trim Monthly Gains Amid Worries Over Stimulus

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European equities fell on Tuesday amid renewed worries over potential curbs to central bank stimulus after data showed euro-area inflation surged to the highest in a decade.

The Stoxx 600 Index closed 0.4% lower, with telecoms and miners leading the retreat. The benchmark still posted a monthly gain, its seventh positive month in a row and the longest winning streak since 2013. The index hit a series of historical highs earlier this month, and is now about 1% away from its record.