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March 18 (Reuters) -

European shares opened marginally higher on Monday, led by

gains in basic resources, although investor caution ahead of

euro zone inflation data limited the rise.

The pan-European STOXX 600 index was up 0.1%, as of

0816 GMT.

Basic resources led sectoral gains with a 0.7% jump

after top metal consumer China's industrial output and retail

sales beat forecasts.

On the data front, investors will look out for euro zone

final inflation data for the month February and the region's

total trade balance for January, due later in the day.

Investors will also await the Federal Reserve and Bank of

England's policy meetings, due later this week, for more clues

on the monetary policy easing cycle.

In corporate updates, Signify climbed 5.2% after

Barclays upgraded the stock and hiked its price target on the

lighting solutions firm.

Logitech shares dropped 6.5% following announcement

that the computer equipment maker's chief financial officer

Charles Boynton will leave the company in May.

(Reporting by Khushi Singh in Bengaluru; Editing by Varun H K)