The European STOXX 600 index rose 0.1 percent by 0720 GMT, ahead of the release of producer price data in the region for February, scheduled for 0900 GMT.
The producer price index is likely to fall 8.6 percent, unchanged from January, according to economists polled by Reuters.
Later today, investors will analyze the minutes of the European Central Bank's March meeting to ascertain the date of the long-awaited first interest rate cut.
Basilia Pharmaceutical Industries shares jumped 9.4 percent to its highest levels in more than six months after the Swiss company obtained approval from the US health sector regulatory authority for the antibiotic Zeftera to treat bacterial infections.
Compu Group shares rose 7.5 percent after Morgan Stanley raised its recommendation for shares of the German medical software company.
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