- OECD said the annual rate of inflation in its 34 members remained unchanged at 0.6% in March
Market news
7 May 2015
OECD said the annual rate of inflation in its 34 members remained unchanged at 0.6% in March
The Organization for Economic Cooperation and Development (OECD) said on Wednesday that the annual rate of inflation in its 34 members remained unchanged at 0.6% in March. The inflation target of most central banks in developed economies is 2%.
The inflation was driven by lower energy prices. Food prices increased.
The inflation excluding energy and food for the OECD area remained unchanged at 1.7%.
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