- OECD: consumer price inflation in the OECD area rises to 0.6% year-on-year in October
Market news
2 December 2015
OECD: consumer price inflation in the OECD area rises to 0.6% year-on-year in October
OECD released its consumer price inflation (CPI) data on Tuesday. Consumer price inflation in the OECD area rose to 0.6% year-on-year in October from 0.4% in September.
Energy prices dropped at an annual rate of 11.6% in October, while food prices increased to 1.5% in October from 1.4% in September.
CPI excluding food and energy in the OECD area remained unchanged an annual rate to 1.8% in October.
October's CPI was 0.3% in Germany, Italy, Japan, 0.2% in the U.S, 1.0% in Canada, and -0.1% in the U.K.
The consumer price inflation in Eurozone was 0.1% in October, while the inflation in China was 1.3%.
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