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Consumer Prices, OECD - Updated: 3 March 2021

 

OECD annual inflation picks up to 1.5% in January 2021 while Euro Area records sharp increase to 0.9%

 

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3 Mar 2021 - Annual inflation in the OECD area picked up to 1.5% in January 2021, compared with 1.2% in December 2020. Following a rebound between December and January, the annual decline in energy prices was less pronounced in January (minus 3.9%) than in December (minus 6.5%), while food price inflation slowed slightly to 3.1%, compared with 3.2% in December. OECD annual inflation excluding food and energy, also increased slightly, to 1.7% in January, compared with 1.6% in December. 

Consumer prices, selected areas
January 2021, percentage change on the same period of the previous year, %

 Source: Consumer price indices, OECD

 

Energy (CPI) and Food (CPI), selected areas
January 2019 – January 2021, percentage change on the same period of the previous year, %

     

 Source: Consumer price indices, OECD

 

Underlying data:  

 

 

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@OECD_STAT

 

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