OECD annual inflation slightly rises to 5.8% in March

ANKARA: Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area slightly rose to 5.8% in March, according to data released on Monday. The figure accelerated from 5.7% in February, the Paris-based organization said in a statement. Headline inflation fell in 19 OECD countries, with the largest monthly decline seen in Slovakia. Energy prices increased for the first time since last April, up 0.6% year-on-year. Food inflation in the OECD eased further to 4.9%, from 5.3% the previous month. Core inflation, excluding food and energy, however, was stable at 6.4%. In the G20, annual inflation was constant at 6.9%, its highest level since March 2023. Source: Anadolu Agency