German inflation slows to two-year low in Feb., cost of living rises 1.5%
AFPFRANKFURT -- Inflation in Germany, Europe's biggest economy, slowed to its lowest level in more than two years in February, official data showed on Tuesday.
March 13, 2013, 1:19 pm TWN
The cost of living in Germany increased by 1.5 percent on a 12-month basis this month, down from 1.7 percent in January, the federal statistics office Destatis calculated in final data.
On a monthly basis, the consumer price index (CPI) rose by 0.6 percent in February from January.
The data confirm a preliminary estimate already released at the end of last month.