Europe shares turn positive after US PPI revision Fri Feb 22, 2008 8:46am EST
LONDON, Feb 22 (Reuters) - European shares turned positive in early afternoon on Friday after the U.S. revised its producer price index for December and November, easing concerns about inflation in the world's largest economy. By 1344 GMT, the FTSEurofirst 300 of top European shares was up 0.1 percent at 1,331.52 points, well of its day's low of 1,318.37. The U.S. Labor Department revised the December PPI to 0.3 percent fall from 0.1 percent fall and the November PPI to 2.6 percent rise from 3.2 percent. (Reporting by Dominic Lau)