Consumer Prices, OECD - Updated: 3 February 2015


OECD annual inflation slows to 1.1% in December 2014 reflecting sharp fall in energy prices


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03/02/2015 - Annual inflation in the OECD area slowed to 1.1% in the year to December 2014, compared with 1.5% in the year to November. This decrease was entirely caused by further falls in energy prices which declined by 6.3% in the year to December compared with a decline of 2.2% in the year to November. Food price inflation remained stable at 2.5% in the year to December. Excluding food and energy, the OECD annual inflation rate was also stable at 1.8% in December.

Consumer prices, selected areas
December 2014 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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