OECD Consumer Prices - Updated: 3 May 2007

Annual inflation in the OECD area rises to 2.4% in March 2007

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03/05/2007 - In the OECD area, consumer prices rose by 2.4% in the year to March 2007, compared with 2.1% in the year to February 2007. On a monthly basis, the price level rose by 0.6% in March 2007 after 0.3% between January and February 2007.

Consumer prices for energy rose by 3.5% year-on-year in March, compared with 0.8% in February. Consumer prices for food were up by 3.2% year-on-year in March, compared with 2.9% in February. Excluding food and energy, consumer prices rose by 2.1% in the year to March, compared with 2.2% in February 2007.

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The next publication date of the OECD Consumer price indices will be on 29 May 2007

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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