German CPI for the month of January final reading came in line with both prior and estimates on the year and on the month, where the annual reading reached -0.6% and the monthly came in at 0.8%.

With regard to CPI EU Harmonised, it inched up to 0.8%, higher than both previous and market expectations of 0.7%, while the on the month the reading ticked up to -0.6% from both preceding and estimated readings of -0.7%.