Consumer Prices, OECD - Updated: 6 February 2018


OECD annual inflation slows to 2.3% in December 2017


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06/02/2018 - Annual inflation in the OECD area slowed to 2.3% in December 2017, compared with 2.4% in November 2017. This slight decrease in the annual rate of inflation was driven by energy prices which grew at a slower pace in December (6.2%), than in the year to November (7.8%). Food price inflation increased to 2.2%, up from 2.0% in November. Excluding food and energy, inflation increased slightly to 1.9%, compared with 1.8% in November.

Consumer prices, selected areas, December 2017, percentage change on the same month of the previous year ‌‌‌‌‌‌‌‌‌‌‌‌‌‌

Underlying data:  

OECD, annual inflation


 G20, annual inflation

Source: Consumer price indices, OECD







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