European stocks slipped as investors speculated that China will raise interest rates within weeks to tackle inflation, which accelerated to the fastest pace in 25 months in October. It posted the biggest weekly decline in six weeks amid renewed concern that some of the region`s most indebted nations will struggle to reduce their budget deficits.
BHP Billiton, the world`s largest mining company, led a retreat among raw-material companies, sinking 2.1%, as the price of copper headed for its largest decline in two weeks. Bulgari SpA sank 4.8% after profit at the world`s third- largest jeweler trailed analysts` estimates.
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