German inflation slips in February
The cost of living rose by 1.2 percent on a 12-month basis in February.
FRANKFURT (AFP) - The rate of inflation in Germany, Europe's biggest economy, inched lower in February, official final data showed on Friday.
The cost of living rose by 1.2 percent on a 12-month basis in February, compared with 1.3 percent in January, the federal statistics office Destatis said in a statement.
Using the Harmonised Index of Consumer Prices (HICP), the European Central Bank's inflation yardstick, inflation in Germany stood at 1.0 percent in February, down from 1.2 percent in January.
The ECB defines price stability as increases in the harmonised index of close to but just below 2.0 percent.
The final data confirm a preliminary estimate published on February 27.
