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Inflation in the OECD rebounded to 2.3% in September due to energy

Year-on-year inflation in the OECD as a whole rose one tenth in September to 2.3%, mainly due to the pull of energy prices, although the euro zone remained globally outside of that movement and with lower figures.

Paris, Nov 7 (EFE) .- Year-on-year inflation in the OECD as a whole rose one tenth in September to 2.3%, essentially due to the pull of energy prices, although the The euro zone remained globally outside that movement and with lower figures.

The Organization for Economic Cooperation and Development (OECD) indicated today that the average increase of energy in its member countries between September 2016 and the same month this year was 7.7%, when the year-on-year increase in August had been 5.9%.

The prices of the food also accelerated its rise, but much more moderately, going from 1.8% to 1.9%.

Excluding those two elements, the most fluctuating, the underlying inflation in the OECD remained stable in September for the fifth consecutive month at 1.8%.

The rebound registered in September overall in the member countries was found in particular in the United (inflation went from 1.9% in August to 2.2% in September), in Canada (from 1.4 to 1.6%), and to a lesser extent in France (from 0.9 to 1%) The euro area as a whole, the interannual rate remained unchanged at 1.5%. above the euro area average, with 1.8% of general inflation and 1.3% of core inflation.

A situation similar to that of Germany, with 1.8% and 1%. The highest levels of inflation in the OECD were in Turkey (11.2%), Mexico (6.3%), Estonia (3.7%) and the United Kingdom (3%).

% in Ireland, 0.7% in Switzerland and 0.8% in Finland.

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