European shares performed mixed on Friday, led by commodity producers and airlines as falling commodity prices relieved concerns that inflation will compel central banks to lift interest rates.

Light, sweet crude for September delivery slipped USD 1.24 to settle at USD 113.77 a barrel on the New York Mercantile Exchange (NYMEX).

Ryanair, the region`s largest discount airline, Ryanair Holdings and Royal Bank of Scotland Group climbed after prices for oil, gold and copper slipped.

Mining companies and oil producers including BHP Billiton, Rio Tinto Group and BP dropped as oil, gold and copper declined.

UK`s benchmark index FTSE 100 dropped 42.60 points, or 0.77%, to end at 5,454.80. French benchmark index CAC 40 climbed 32.71 points, or 0.74%, to settle at 4,453.62. Germany`s benchmark index DAX went up 3.81 points, or 0.06%, to close at 6,446.02.