Latest report shows OECD-area inflation slowed in Dec to 2.3% vs 2.4% prev

Latest inflation report from the OECD just published 6 Feb

  • slight decrease in the annual rate of inflation was driven by energy prices which grew at a slower pace in December (6.2%), than in the year to November (7.8%)
  • annual inflation in the Euro area, as measured by the HICP, slowed to 1.4% in December, compared with 1.5% in November.
  • annual inflation decreased in Canada, the United Kingdom and the United States (all decreasing by 0.1%)

OECD data not going to move markets but all part of the back story.

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