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Stock indices closed mixed after the mostly weaker-than-expected economic data from Eurozone. German preliminary consumer price index dropped 1.0% in January, missing expectations for a 0.7% decline, after a flat reading in December.
On a yearly basis, German preliminary consumer price index decreased to -0.3% in January from 0.2% in December, missing forecasts for a flat reading. That was the lowest level since July 2009.
The number of unemployed people in Germany declined by 8,000 in January, missing expectations for a 13,000 decline, after a 25,000 drop in December. December's figure was revised down from a 27,000 decrease.
Germany's adjusted unemployment rate fell to 6.5% in January from 6.6% in December, in line with expectations. December's figure was revised down from 6.5%.
Eurozone's adjusted M3 money supply rose 3.6% in December, after a 3.1 gain in November.
Investors remained cautious amid concerns over Greece's future policy. Syriza party won the country's parliament elections on Sunday. The party has pledged to renegotiate the terms of the country's €240 billion euro financial bailout and to reverse many of the austerity measures.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,810.6 -15.34 -0.22%
DAX 10,737.87 +26.90 +0.25%
CAC 40 4,631.43 +20.49 +0.44%
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