In Frankfurt, apparel and footwear retailer Adidas, and automaker BMW led the DAX into negative territory, falling 2.8% and 2.7% each. The FTSE fell 0.27%, the DAX dropped 1.25%, and the CAC-40 lost 0.75%. In economic news, Euro area annual inflation was pegged at 1.8% in January 2017, up from 1.1% in December, according to Eurostat, the statistical office of the European Union.