Prices and purchasing power parities (PPP)

Consumer Prices, OECD - Updated: 3 December 2013

 

OECD annual inflation slows to 1.3% in October 2013

 

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03/12/2013 - Consumer prices in the OECD area slowed for the fourth straight month, easing to 1.3% in the year to October 2013, compared with its recent peak of 2.0% in July 2013. The continuing slowdown in the annual rate of inflation was mainly driven by lower energy and food price inflation. Energy prices fell by 1.3% in the year to October, compared with a flat rate in September, while food price inflation decreased to 1.6% in the year to October, compared with 1.9% in September. Excluding food and energy, the OECD annual inflation rate also slowed in October to 1.5%, compared with 1.6% in September.

Consumer prices, selected areas
October 2013, percentage change on the same month of the previous year

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Link to underlying data - Source: Consumer price indices, OECD

 

 

 

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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