OECD annual inflation down to 2.2% in October 2017, as energy price inflation slows

 

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05/12/2017 - Annual inflation in the OECD area slowed to 2.2% in October 2017, compared with 2.3% in September 2017. This slight decrease in the annual rate of inflation was driven by energy and food prices. Energy price inflation slowed to 5.8% in October, compared with 7.7% in September while food price inflation slowed to 1.8% from 1.9% in September. Excluding food and energy, inflation increased slightly to 1.9%, compared with 1.8% in September.

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Underlying data:  

OECD, annual inflation

 

 G20, annual inflation

Source: Consumer price indices, OECD

 

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