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May 17 (Reuters) - European shares kicked off Friday's

trade on a weaker note, led by declines in technology and

real-estate companies, as investors looked forward to euro zone

inflation data for some clarity on the path for interest rate

cuts beyond June.

The pan-European STOXX 600 dipped 0.2% as of 0715

GMT, but was on track for its second straight weekly advance

owing to a robust corporate earnings season.

All eyes are on the final euro zone inflation reading later

in the day, after a report showed European Central Bank board

member Isabel Schnabel advocated caution about further rate cuts

after a likely first one in June.

Rate-sensitive technology and real estate

were the worst-hit sectors, down 0.7% each.

Meanwhile, personal and household goods led sectoral

gains, with luxury group Richemont climbing 6% after

quarterly results.

H&M rose 2.5% after RBC upgraded the fashion

retailer to "outperform" from "sector perform".

French re-insurer Scor dropped 8.0% after

first-quarter results.

Nibe lost 4.6% after Citigroup downgraded the

Swedish heat-pump maker to "neutral" from "buy", while German

utility E.ON lost 4.1% on trading ex-dividend.