Rising energy prices (13.2%) push OECD inflation to 4.4% in April
Reported by the Editorial Team Year-on-year inflation in the OECD rose to 4.4% in April, up from 4% in March, driven by rising energy prices. Energy inflation continued to soar in April, reaching 13.2%, an increase of 5.1 percentage points compared with March. Food inflation in the OECD also rose, by 0.4 percentage points to 4%, whilst core inflation (excluding food and energy) remained virtually stable at 3.6%. Headline inflation…
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