OECD annual inflation nudges up to 2.4% in April 2017

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2017-06-07

Annual inflation in the OECD area picked up to 2.4% in April 2017, compared with 2.3% in March 2017. Food price inflation picked up to 1.1% in the year to April, compared with 0.9% in the year to March while energy prices grew at a slower pace (8.2%) than in the year to March 2017 (9.1%). Excluding food and energy, inflation in the OECD area increased by 1.9%, compared with 1.8% in March.

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Source: Organization for Economic Co-operation and Development

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