warning: date() [function.date]: It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Asia/Chongqing' for 'CST/8.0/no DST' instead in /var/www/html/pdnonline/sites/all/modules/contemplate/contemplate.module(834) : eval()'d code on line 2.

Consumer Prices, OECD - Updated: 9 January 2018

OECD annual inflation picks up to 2.4% in November 2017


Annual inflation in the OECD area picked up for the fifth consecutive month in November 2017, to 2.4%, compared with 2.2% in October 2017. This increase in the annual rate of inflation was driven by both energy and food prices. Energy price inflation rose to 7.7% in November, compared with 5.8% in October, while food price inflation rose to 1.9% from 1.7% in October. Excluding food and energy, inflation remained stable at 1.9% in November.

Source: Consumer price indices, OECD

Source: Organisation for Economic Co-operation and Development