OECD area annual inflation stable at 1.2% in November

OECD area annual inflation stable at 1.2% in November

Annual inflation excluding food, energy stable at 1.6% in November, says OECD

By Aysu Bicer

ANKARA (AA) - Consumer prices inflation in the Organization for Economic Cooperation and Development (OECD) area stable at 1.2% in November compared to October, the organization said on Thursday.

Energy prices continued to diminish by minus 8.1%, at a faster pace than October (7.7%), while food prices inflation slowed to 3.3% versus 3.6% in October.

Meanwhile, OECD annual inflation, excluding food and energy, was stable at 1.6% in November.

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