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Sept 11 (Reuters) - European shares opened higher on

Wednesday, boosted by the oil and gas, and the basic resources

sectors, while investors awaited a key U.S. inflation reading

for clues on the Federal Reserve's interest rate decision next

week.

The pan-European STOXX 600 index was up 0.3%, as of

0710 GMT. All regional indexes were trading in the green.

The oil and gas sector boosted the index, with a

1.2% gain as concerns about Hurricane Francine disrupting output

in the U.S., outweighed worries.

Basic Resources also provided support, gaining 1.6%,

as copper prices rose on a softer U.S. dollar.

With only a handful of economic data out of Europe,

investors are laser focused on U.S. consumer price figures set

to drop at 1230 GMT.

Britain's benchmark FTSE 100 ticked up 0.4% after

estimates of GDP data showed the UK's economic output showed no

change in month-on-month terms in July.

Investors also have on their radar, comments from European

Central Bank board member Elizabeth McCaul and the central

bank's supervisor Claudia Buch due later in the day.

Commerzbank surged 15.7%, after Italy's UniCredit

bought a 9% stake in the German bank for 702 million

euros ($775.29 million) from the German government.

Rentokil slumped more than 16%, after the British

pest control firm said it would cut jobs and flagged a slowdown

in its North American revenue.

($1 = 0.9055 euros)