Consumer Prices, OECD - Updated: 29 November 2011

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OECD annual inflation rate eases slightly to 3.2% in October 2011

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29/11/2011 - Consumer prices in the OECD area rose by 3.2% in the year to October 2011, compared with 3.3% in the year to September. This easing in the annual rate of inflation mainly reflected slower growth in energy prices, which increased by 12.4% in the year to October down from 14.2% in the year to September. Food prices rose by 4.1% in the year to October, down from 4.2% in the year to September. Excluding food and energy, the annual inflation rate rose by 2.0% in October, compared with 1.9% in September.

Consumer prices, selected areas
October 2011, percentage change on the same month of the previous year

Link to underlying data - Source: Consumer price indices, OECD


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