SAP SAPG.DE shares fell 1.2%, hit possibly by a disappointing profit forecast from U.S. software rival Oracle Corp ORCL.N. The benchmark index has scaled record highs this year as investors bet a steady vaccination programme would jumpstart economic growth, but a recent jump in inflation has sparked concerns of a sooner-than-expected tightening in global monetary policy. Data on Wednesday showed British inflation unexpectedly jumped above the Bank of England's 2.0% target in May and looked set to rise further as the country re-opens its economy from coronavirus-induced lockdowns.