Consumer Prices, OECD - Updated: 3 March 2009

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Annual inflation in OECD area at 1.3% in January 2009

03/03/2009 - Consumer prices in the OECD area rose by 1.3% in the year to January 2009, compared with 1.5% in the year to December. Month-on-month, prices were broadly stable in January, after declining 0.5% in December.

Consumer prices for energy were down by 9.6% in January 2009, following a fall of 8.9% in December.

Consumer prices for food were up by 5.4% in January compared with 6.0% in December. Excluding food and energy, consumer prices rose by 1.9% in the year to January 2009, compared with 2.0% in December 2008. etc.

Link to Consumer price indices for OECD countries and major non-member economies (data in index and in percentage change on the same period of the previous year).

The next publication date of the OECD Consumer price indices will be on 31 March 2009

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Link to previous news releases