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Germany's February inflation rate drops to 2.0%, preliminary data confirmed
Investing.com – The Federal Statistical Office of Germany said on Wednesday that Germany’s inflation rate in February fell to 2.0%, down from 2.1% in January.
The February data measures the year-over-year increase in consumer prices, adjusted for comparison with other EU countries, confirming the preliminary data released earlier.
This slight decline indicates that Germany, after experiencing a period of rising price pressures, continues to work towards bringing inflation closer to the target level.
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