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    European stocks close: most stocks closed higher on the better-than-expected economic data from the Eurozone | 27.02.2015

     

    Most stock indices closed higher on the better-than-expected economic data from the Eurozone. 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.

     

     

    French consumer spending increased 0.6% in January from a year earlier, after a 1.6% rise. December's figure was revised up from a 1.5% gain.

     

     

    Indexes on the close:

     

     

    Name Price Change Change %

     

     

    FTSE 100 6,946.66 -3.07 -0.04 %

     

     

    DAX 11,401.66 74.47 0.66 %

     

     

    CAC 40 4,951.48 40.86 0.83 %


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