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    German preliminary consumer price index rises 0.9% in February | 27.02.2015

     

    Destatis released its consumer price inflation data for Germany on Friday. German preliminary consumer price index rose 0.9% in February, exceeding expectations for a 0.6% increase, after a 1.1% drop in January.

     

     

    On a yearly basis, German preliminary consumer price index increased to 0.1% in February from -0.4% in January.

     

     

    The increase was driven by lower decline in energy and food prices. Energy prices plunged 7.3% in February, after a 9% drop in the previous month. Food prices decreased 0.4%, after a 1.3% fall in January.


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