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Annual inflation rate in OECD area drops slightly to 1.9% in February 2010
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30/03/10 - Consumer prices in the OECD area rose by 1.9% in the year to February 2010, down from 2.1% in January. This small decrease in inflation rates mainly reflected the slowing down of energy prices, which increased by 8.4% in February, compared with 10.6% in January.
Consumer prices for food in the OECD area fell by 0.3% in the year to February 2010, following a fall of 0.7% in January. Excluding food and energy, consumer prices rose by 1.5% in the year to February 2010, down from 1.6% in January.
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Consumer prices, selected areas
February 2010, percentage change on the same month of the previous year
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Link to underlying data - Source: Consumer price indices, Main Economic Indicators, OECD
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The next publication of the OECD Consumer price indices will be on 4 May 2010.
Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org; others should contact the Statistics Directorate on stat.contact@oecd.org.
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