Higher energy prices push annual inflation in OECD area up to 2.1%
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02/03/10 - An annual increase of 10.6% in energy prices pushed overall inflation up to 2.1% in the OECD area in the year to January 2010, compared with 1.9% in December 2009. Energy prices rose by 19.1% in the United States.
Consumer prices for food in the OECD area decreased by 0.7% in the year to January 2010, compared with a fall of 1.0% in December. Excluding food and energy, consumer prices rose by 1.6% in the year to January 2010, unchanged from December 2009.
The next publication of the OECD Consumer price indices will be on 30 March 2010.
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or firstname.lastname@example.org; others should contact the Statistics Directorate on email@example.com.
Link to previous news releases
Consumer Price Indices (CPI) for OECD Countries and Major Non-Member Economies
OECD Main Economic Indicators (MEI)