07:56 AM EDT, 05/31/2024 (MT Newswires) -- European bourses tracked unevenly higher midday Friday after a eurozone inflation report showed prices ticked up in May, ahead of a rate decision next week by the European Central Bank.

Oil stocks led gainers, while tech and retail issues lagged.

Investors also eyed Wall Street futures signaling red, and mixed closes overnight on Asian exchanges.

The euro area consumer price index is expected to rise 2.6% year-on-year in May, Eurostat reported. The May result follows a smaller 2.4% gain in April.

The pan-continental Stoxx Europe 600 Index was up 0.2% mid-session.

The Stoxx Europe 600 Technology Index was off 1.1%, but the Stoxx 600 Banks Index gained 0.4%.

The Stoxx Europe 600 Oil and Gas Index was up 0.9%, and the Stoxx 600 Europe Food and Beverage Index inclined 0.1%.

The REITE, a European REIT index, fell 0.2%, and the Stoxx Europe 600 Retail Index declined 0.7%.

On the national market indexes, Germany's DAX was down 0.1%, and the resource-heavy FTSE 100 in London was up 0.4%. The CAC 40 in Paris was flat, and Spain's IBEX 35 lost 0.2%.

Yields on benchmark 10-year German bonds were higher, near 2.69%.

Front-month North Sea Brent crude oil futures were up 0.3% to $82.09 per barrel.

The Euro Stoxx 50 volatility index was down 0.5% to 13.91, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.