OECD annual inflation stable at 1.2% in December 2020 but signs of acceleration in the Euro area
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5 Feb 2021 – 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.
Consumer prices, selected areas
December 2020, percentage change on the same period of the previous year, %
Source: Consumer price indices, OECD
Energy (CPI) and Food (CPI), selected areas
December 2018 – December 2020, percentage change on the same period of the previous year, %
Source: Consumer price indices, OECD
Underlying data:
- OECD, annual inflation
- G20, annual inflation
- OECD countries, contributions to annual CPI inflation by COICOP Division, current month (xlsx)
- OECD countries, contributions to annual CPI inflation, selected components, historical series (xlsx)
