Destatis released its final consumer price data for Germany on Tuesday. German final consumer price index were down 0.1% in December, in line with the preliminary estimate, after a 0.1% rise in November.

On a yearly basis, German final consumer price index declined to 0.3% in December from 0.4% in November, in line with the preliminary estimate.

The decline was partly driven by a decline in energy prices, which dropped 6.5% year-on-year in December, while food prices climbed 1.4%.

Consumer prices excluding energy increased 1.1% year-on-year in December.