Germany: IPC (Feb) rose 1.2% YoY

FXStreet (Edinburgh) - Preliminary German consumer prices advanced at an annual pace of 1.2% and 0.5% on a monthly basis, softer than forecasts at 1.3% and 0.6%, respectively. The HICP followed also came in short of estimates, advancing 1.0% YoY and 0.5% MoM.