Stock indices closed lower as Eurozone's inflation declines. The inflation fell to an annual rate of -0.6% in January from -0.2% in December. Analysts had expected a 0.5% drop.

Eurozone's unemployment rate fell to 11.4% in December from 11.5% in November. Analysts had expected the unemployment rate to remain unchanged at 11.5%.

German adjusted retail sales climbed 0.2% in December, after a 0.9% gain in November. November's figure was revised down from a 1.0% increase.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,749.4 -61.20 -0.90%

DAX 10,694.32 -43.55 -0.41%

CAC 40 4,604.25 -27.18 -0.59%