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European Stocks Edge up After Above-Forecast German Price Data; SAP, ASML Updates

European benchmarks edged higher on Wednesday as German producer price data supported expectations of a pickup in the country's very low rate of inflation and tech heavyweights posted quarterly updates.

German producer prices came in better than expected in June, rising 0.4% on the month, unchanged from May and above the 0.2% anticipated. Prices declined 2.2% on the year, an improvement on the 2.7% decline in May and the 2.4% fall...