- OECD: consumer price inflation in the OECD area declines to an annual rate of 0.4% in April
Market news
3 June 2015
OECD: consumer price inflation in the OECD area declines to an annual rate of 0.4% in April
OECD released its consumer price inflation (CPI) data. Consumer price inflation in the OECD area declined to an annual rate of 0.4% in April from 0.6% in March.
The decline was driven by lower energy prices, which dropped 11.5%. Food prices decreased to 1.7% in April from 1.9% in March.
CPI excluding food and energy in the OECD area fell to an annual rate to 1.6% in April from 1.7% in March.
April's CPI was 0.1% in the U.K., 0.8% in Canada, 0.5% in Germany and 0.6% in Japan. The consumer price inflation in Russia reached 16.4% in April.
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page