The pan-European STOXX 600 index fell 0.4 percent to 519.52 points by 0710 GMT, but was on track for a second straight weekly gain.
All major European markets were trading in the red, except for Spain’s IBEX, which rose 0.1 percent.
And topped Auto stocks Sector losses were down more than 3 percent, led by a 7.6 percent drop in Mercedes-Benz shares as the automaker cut its full-year profit margin for the second time in less than two months, after total sales volumes in China fell.
Germany’s DAX index fell 0.7 percent. German producer prices fell less than expected in August, falling 0.8 percent year-on-year, versus expectations for a 1 percent decline.
Britain’s FTSE 100 index fell 0.6 percent after a survey showed consumer confidence fell sharply to a six-month low in September.
Markets are focusing on euro zone consumer confidence data for September, due at 1400 GMT, for further evidence of the region’s economic health.
On the corporate front, Novo Nordisk shares rose 0.5 percent after the European Medicines Agency approved the Danish drugmaker’s popular drug Wegovy to help ease heart failure in obese people.
