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Consumer Prices, OECD - Updated: 3 March 2015

 

Falling energy prices push OECD annual inflation down to 0.5% in January 2015

 

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03/03/2015 - Annual inflation in the OECD area slowed to 0.5% in the year to January 2015, down from 1.1% in the year to December. This sharp decrease was caused by further falls in energy prices which declined by 12.0% in the year to January, compared with a decline of 6.3% in the year to December. Food price inflation slowed slightly to 2.3% in the year to January, down from 2.5% in the year to December. Excluding food and energy, the OECD annual inflation rate slowed marginally to 1.7% in January, compared with 1.8% in December.

Consumer prices, selected areas
January 2015 percentage change on the same month of the previous year

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Underlying data:  

OECD, annual inflation

 

 G20, annual inflation

Source: Consumer price indices, OECD

 

 

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Next publication date: 2 April 2015 - See all release dates

 
 

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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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More information on price indices at www.oecd.org/std/prices-indices
 

 

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