OECD annual inflation rate eases to 2.7% in March 2012
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03/05/2012 - Consumer prices in the OECD area rose by 2.7% in the year to March 2012, compared with 2.8% in the year to February 2012. This easing in the annual rate of inflation mainly reflected developments in energy and food where inflation slowed to 6.5% and 3.5% in the year to March, respectively, compared with 7.9% and 3.8% in the year to February. Excluding food and energy, the annual inflation rate was stable at 1.9% in March.
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Consumer prices, selected areas
March 2012, 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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