In Frankfurt, airline operator Lufthansa helped push the DAX lower, falling 3.8%, followed by tire maker Continental, construction materials supplier Heidelbergcement, and auto maker Daimler, which shed 1.9%, 1.8%, and 1.7% respectively. The FTSE lost 1.11%, the DAX fell 1.04%, and the CAC-40 dropped 1.30%. In economic news, Euro area annual inflation is expected to be 2.0% in August, down from 2.1% in July, according to a flash estimate from Eurostat, the statistical office of the European Union.