• European stocks close: most stocks closed higher on the better-than-expected economic data from the Eurozone

Market news

27 February 2015

European stocks close: most stocks closed higher on the better-than-expected economic data from the Eurozone

Most stock indices closed higher on the better-than-expected economic data from the Eurozone. German preliminary consumer price index rose 0.9% in February, exceeding expectations for a 0.6% increase, after a 1.1% drop in January.

On a yearly basis, German preliminary consumer price index increased to 0.1% in February from -0.4% in January.

The increase was driven by lower decline in energy and food prices.

French consumer spending increased 0.6% in January from a year earlier, after a 1.6% rise. December's figure was revised up from a 1.5% gain.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,946.66 -3.07 -0.04 %

DAX 11,401.66 +74.47 +0.66 %

CAC 40 4,951.48 +40.86 +0.83 %

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