FRANKFURT: The rate of inflation in Germany, Europe's biggest economy, inched lower in February, official preliminary data showed on Thursday.
The cost of living rose by 1.2 percent on a 12-month basis this month, 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 preliminary data are calculated on the basis of cost-of-living statistics from six so-called indicator states.
Final data based on consumer price inflation in all 16 of Germany's regional states are scheduled to be published on March 14.
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