OECD annual inflation rate rises to 2.3 percent in March

Wednesday, 08 May 2019 14:28:38 (GMT+3)   |   Istanbul

The annual inflation rate of the 34 Organization for Economic Co-operation and Development (OECD) member countries rose to 2.3 percent in March this year, compared to 2.1 percent in February, according to the latest figures.

Excluding food and energy, annual inflation was stable at 2.1 percent in March, compared to the month before.

Compared with February, annual inflation in March decreased to 1.3 percent in Germany from 1.5 percent and increased to 1.9 percent in Canada from 1.5 percent. In March as compared with February, annual inflation moved up to 0.5 percent in Japan from 0.2 percent, to 1.9 percent in the US from 1.5 percent, down to 1.1 percent from 1.3 percent in France, and remained stable at one percent in Italy and at 1.8 percent in the UK.

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