OECD annual inflation nudges to 2.3% in March 2018

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2018-05-07

Annual inflation in the OECD area picked up to 2.3% in March 2018, compared with 2.2% in February. Excluding food and energy, the OECD annual inflation rate also increased, to 2.0% in March 2018, compared with 1.9% in February.

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Energy prices grew at a slightly slower pace (5.3% in the year to March, compared with 5.6% in the year to February), while food price inflation was stable (at 1.7%) in March.

Source: Organization for Economic Co-operation and Development

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