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Consumer Prices, OECD - Updated: 9 May 2014

 

OECD annual inflation picks up to 1.6% in March 2014 but slows in Euro area

 

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09/05/2014 - Consumer prices in the OECD area rose by 1.6% in the year to March 2014, compared with 1.4% in the year to February 2014. This acceleration in the annual rate of inflation was primarily driven by energy prices which increased 0.9% in the year to March compared with a decrease of 0.4% in the year to February. The upturn in energy prices in the OECD area reflects increasing energy prices in non-EU OECD countries.

Food price inflation picked up slightly to 1.7% in the year to March, compared with 1.6% in the year to February. Excluding food and energy, the OECD annual inflation rate also rose slightly to 1.7% in March, compared with 1.6% in the year to February.

Consumer prices, selected areas
March 2014, 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: 4 June 2014 - 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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