In Frankfurt, pharmaceutical companies Merck and Bayer led the DAX higher, rising 3.9% each, followed by real estate firm Vonovia, and electricity and natural gas supplier RWE, which climbed 2.8% and 2.4% respectively. The FTSE rose 0.75%, the DAX gained 0.93%, and the CAC-40 fell 0.20%. In economic news, the inflation rate in Germany as measured by the consumer price index is expected to be 2.2% in May, its highest level since February 2017, according to the Federal Statistical Office (Destatis).