In Germany, consumer prices rose on an annual basis in February

By: Trademagazin editor Date: 2021. 03. 12. 11:02

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In Germany, consumer price inflation accelerated on an annual basis, but slowed down on a monthly basis in February.

The German Federal Statistical Office (Destatis) said on Friday that consumer prices rose 1.3 percent from February last year, following a 1 percent annual increase in January. Compared to the previous month, consumer prices rose 0.7 percent in February. In January, the monthly increase was 0.8 percent. (MTI)