OECD Consumer Prices - Updated: 5 March 2008

Annual inflation in the OECD area at 3.5% in January 2008

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05/03/2008 - Consumer prices in the OECD area rose by 3.5% in the year to January 2008 compared with 3.4% in the year to December 2007. On a monthly basis, the price level rose by 0.2% in January, unchanged compared with December.

Consumer prices for energy increased by 13.7% year-on-year in January, compared with a rise of 12.0% in December. Consumer prices for food were up by 5.1% year-on-year in January, compared with 4.9% in December. Excluding food and energy, consumer prices rose by 2.0% in the year to January compared with 2.1% in December...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 1 April 2008

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.

Link to previous news releases