German annual inflation lower than in January

Source: WBP Online
© Scanpix/AFP
The German annual inflation slowed to 1.2% in February, thus decreasing by 0.1% from January, and still having lower rate than European Central Bank's 2% target rate for the euro zone. The German consumers paid smaller amount for motor fuels, as the prices tumbled 6.3% in February, while prices for electricity soared 2.3% and for food 3.5%.

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