German Prelim CPI up by 0.7%
The Federal Statistics Office reported inflation gain at annual pace of 2.5%, up from 2.3% in January.
In a monthly capture prices increased by 0.7%, instead 0.5% expected in February.
Prior month reading showed 0.4% decrease.
Euro currency reminded higher major rivals. EUR/USD was traded at 1.3440 after news release.