OECD annual inflation rate rises to 0.6 percent in October

Tuesday, 01 December 2015 15:17:26 (GMT+3)   |   Istanbul
       

The annual inflation rate of the 34 Organization for Economic Co-operation and Development (OECD) member countries reached 0.6 percent in October this year, compared to 0.4 percent in the previous month, according to the latest figures.
 
The inflation rate of energy prices fell at a slower pace in October, declining to 11.6 percent from 12.4 percent recorded in September, while inflation in food prices increased slightly to 1.5 percent in October. Excluding food and energy, the OECD annual inflation rate remained stable at 1.8 percent in October. 
 
Compared with the same month of the previous year, inflation reached 0.2 percent in October in the United States, following the year-on-year rate of 0.0 percent recorded in September, while in Canada inflation remained stable at one percent. In October, annual inflation in Italy increased to 0.3 percent from the 0.2 percent recorded in the previous month, and in the UK annual inflation remained stable at -0.1 percent. In France annual inflation in October increased to 0.1 percent from 0.0 percent in September and in Germany annual inflation increased to 0.3 percent compared to 0.0 percent in September. Meanwhile, annual inflation increased in Japan to 0.3 percent in October, after the 0.0 percent registered in the previous month.

Tags: France UK Japan Europe 

Similar articles

OECD area GDP growth up to 0.6 percent in Q2

28 Aug | Steel News

OECD annual inflation rate rises to 0.9 percent in December

02 Feb | Steel News

OECD area GDP growth slows to 0.4 percent in Q2 compared to Q1

26 Aug | Steel News

OECD: Pace of economic activity eases in most major economies

09 Aug | Steel News

OECD inflation slows to 2.5 percent in April

29 May | Steel News

Italy’s GDP up 1.7 percent in 2011

05 Mar | Steel News

EUROMETAL: Germany leads the European economy

20 Jul | Steel News

US DOC rescinds AD review for ball bearings from two UK companies

12 Nov | Steel News

US DOC issues final AD results for ball bearings from certain countries

01 Sep | Steel News

US DOC corrects preliminary AD results for ball bearing from certain countries

13 May | Steel News