European shares dip as investors eye PMI data, ECB meeting
European shares dip as investors eye PMI data, ECB meeting. (Reuters) - European shares dipped slightly on Monday after striking a record closing high in the previous session, as investors paused before launching into a week packed with economic data and the European Central Bank's first policy meeting of the year. German shares .DAX lost 0.2%, as data showed producer prices in the euro zone's biggest economy fell 0.2% year-on-year in December 2019, compared with a 2.7% gain a year earlier. Investors are now awaiting readings of the Purchasing Manager's Index from Germany, France and the euro zone on Friday, and the ECB's monetary policy meeting on Thursday, where it is expected to keep the deposit rate unchanged at -0.50%.