E.ON, a supplier of electricity and natural gas, led the way in Frankfurt's DAX decline, which was 2.4% lower. Bayer, Bayerland, and Deutsche Bank closed 1.9% lower each, while the FTSE and IDAX all experienced losses. The FEBEC reported that the Eurozone annual inflation rate is expected to be 1.2% in February, down from 1.3% in January.