12:02 PM EDT, 08/27/2024 (MT Newswires) -- The European stock markets closed mixed in Tuesday trading as The Stoxx Europe 600 rose 0.23%, the Swiss Market Index was down 0.47%, France's CAC declined 0.32%, the FTSE in London was up 0.21%, and Germany's DAX closed 0.44% higher.

In Germany, gross domestic product, or GDP, declined 0.1% in Q2 from Q1, according to the Federal Statistical Office.

"After the slight increase in the previous quarter, the German economy cooled down again in the spring," Federal Statistical Office President Ruth Brand said in a statement.

In the UK, shop prices declined 0.3% in August from a 0.2% increase the previous month, according to the British Retail Consortium, which also said shop price annual growth is at its lowest rate since October 2021.

In Switzerland, the GDP increased 0.7% in 2023, compared with 3% growth the previous year, according to the Swiss Federal Statistical Office. The Swiss FSO attributed the slowdown to a return to normality in the wake of the COVID-19 pandemic.

And in corporate news, Ryanair's Chief Executive Michael O'Leary criticized airplane maker Boeing's new management for ongoing delivery delays, Reuters reported on Tuesday. He said the Irish airline may only receive 20 to 25 of the 29 737 MAX aircraft the airline had expected by next summer, Reuters reported. Boeing did not immediately respond to MT Newswires' request for comment.

Finnish telecoms company Nokia said Tuesday that it has partnered with telecommunications company Claro Argentina to deploy countrywide 5G infrastructure in Argentina.

Shares of distribution and outsourcing group Bunzl led the gainers on the FTSE in London, rising 7.5% after it reported higher earnings Tuesday compared with a year earlier.

Mining stocks were also moving higher in London, led by Antofagasta and Anglo American, which were up 1.6% and 1.5% respectively, followed by Rio Tinto, which gained 1.4%.