PARIS (Reuters) - The main European stock markets rose modestly in early trading on Tuesday, as they awaited new data on inflation trends in the United States, which could influence the Federal Reserve's decisions and rhetoric.

In Paris, the CAC 40 gained 0.26% to 7,227.55 points at 08:48 GMT. In London, the FTSE 100 gained 0.4% and in Frankfurt, the Dax advanced by 0.17%.

The big event of the week will be the publication, at 13:30 GMT, of the monthly consumer price index (CPI) in the United States.

The index is expected to rise by 0.5% in January compared with the previous month, which would mark an acceleration after the 0.1% increase in December, and its annualized rise should return to 6.2% after 6.5% according to the Reuters consensus.

The statistics will obviously be analyzed to assess the extent to which the Federal Reserve's tightening policy is keeping inflation under control.

"As usual, the focus will be on core inflation, and in particular services excluding housing, as Fed Chairman Jerome Powell and his colleagues have stressed its importance for monetary policy," said ING in a note.

On the stock market, TF1 fell by 6.05% after announcing a decline in recurring operating income, advertising sales and net income, group share, for fiscal year 2022. TF1 also announced that its CEO is now also Chairman, following the resignation of Gilles Pélisson.

Competitor M6, down 3.75%, also published its annual results, marked by lower sales and net income.

The Michelin share was also in the red (-1.1%), the tire manufacturer having announced, among other things, a structural free cash flow in 2022 almost half below its target.

Among the biggest decliners on the Stoxx, Germany's Thyssenkrupp gave up 5.42%, its operating profit having fallen by around 30% year-on-year over the October-December period.

(Laetitia Volga, edited by Kate Entringer)