Inflation Continues to Slow in OECD Countries
Further evidence of the slowing in global inflation rates comes from the OECD, which reports that consumer prices in the OECD countries in December were up only 1.5% from a year earlier, compared with a 2.2% annual increase in the year to November. Month-on-month, prices fell 0.5% in December, after declining 0.9% in November. The drop in [...]
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