OECD annual inflation rate stable at 2.9 percent in September

Tuesday, 06 November 2018 16:12:17 (GMT+3)   |   Istanbul

The annual inflation rate of the 34 Organization for Economic Co-operation and Development (OECD) member countries was stable at 2.9 percent in September this year, when compared to the previous month, remaining unchanged for the third consecutive month, according to the latest figures.

Excluding food and energy, annual inflation rose to 2.3 percent in September, compared with 2.1 percent in August.

Compared with August, annual inflation in September increased to 2.3 percent in Germany from 2.0 percent. In September as compared with August, annual inflation decreased to 2.2 percent in Canada from 2.8 percent, moved down to 2.3 percent in the US from 2.7 percent, fell to 2.2 percent in the UK from 2.4 percent, dropped to 1.4 percent in Italy from 1.6 percent, narrowed to 2.2 percent in France from 2.3 percent and declined to 1.2 percent in Japan from 1.3 percent.

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