Germany: Inflation records flat reading in February
February 26, 2016
Consumer prices in February rose 0.4% over the previous month, according to preliminary data released by the Federal Statistics Office (Destatis) on 26 February. The result contrasted January’s 0.8% drop.
Inflation inched down January’s 0.5% to a flat reading in February, which marked the lowest result in five months. Meanwhile, annual average inflation in February came in at 0.3%, matching January’s reading.
Harmonized consumer prices fell 0.2% annually in February, which contrasted January’s 0.4% rise. Average HICP inflation remained at 0.2% in February.