German inflation edges towards ECB target in February
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BERLIN (Reuters) - German annual inflation accelerated in February to within touching distance of the European Central Bank's target, data showed on Friday, but the coronavirus epidemic means the firming price pressures pose no threat to the ECB's stimulus policy.German consumer prices, harmonised to make them comparable with inflation data from other European Union countries, rose by 1.7% year-on-year after posting a 1.6% increase in the previous month, the Federal Statistics Office..