In Frankfurt, semiconductor company Infineon Technologies led the DAX sharply lower, falling 2.8%, followed by footwear and apparel retailer Adidas, and airline operator Deutsche Lufthansa, which were down 2.4% and 2.3% respectively. The FTSE gained 0.10%, the DAX fell 1.16%, and the CAC-40 declined 0.25%. In economic news, the UK's Office for Budget Responsibility (OBR) has lowered its growth forecast for the country as British households' real incomes and spending have been squeezed by higher inflation.