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OECD Annual Inflation Stable At 1.2% In December 2020 But Signs Of Acceleration In The Euro Area
Annual inflation in the OECD area remained stable at 1.2% in December, for the third consecutive month. Energy prices declined by (minus) 6.5%, a slower pace than in November (minus 8.1%), while food price inflation slowed to 3.2%, compared with 3.4% in November. OECD annual inflation excluding food and energy, remained almost stable, for the third consecutive month, at 1.6% in December 2020.
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