{"id":55339,"date":"2024-02-07T16:50:51","date_gmt":"2024-02-07T16:50:51","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december"},"modified":"2024-02-07T17:49:21","modified_gmt":"2024-02-07T17:49:21","slug":"oecd-annual-inflation-rises-to-6-in-december","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december","title":{"rendered":"OECD annual inflation rises to 6% in December"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area rose to 6% in December, following three consecutive months of declines, according to data released on Wednesday.<\/p>\n

The figure was up from over two-year low of 5.8% in November, the Paris-based organization said in a statement.<\/p>\n

Inflation went up in some 14 OECD countries, while inflation eased in 21 countries and was stable in the remaining 3 countries.<\/p>\n

Core inflation, excluding food and energy, was broadly unchanged in the OECD, at 6.7% in December.<\/p>\n

While the decline of food inflation in the OECD slowed compared to recent months, standing at 6.7% in December, the energy inflation remained negative for the eighth consecutive month.<\/p>\n

Annual inflation in the Group of Seven (G-7) was broadly stable at 3.2% in December, and it rose to 6.5% in the G-20.<\/p>\n

On a monthly basis, consumer prices rose 0.2% in December, following a 0.1% hike in November.<\/p>\n

In 2023, the OECD inflation dropped to 6.9% on average from 9.5% in 2022, led by energy deflation (minus 0.9% annual average in 2023 compared to 29.6% in 2022).<\/p>\n

The core inflation, on the other hand, was higher than a year ago, at 7.0% in 2023 versus 6.7% in 2022, reaching its highest annual average rate since 1990.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area rose to 6% in December, following three consecutive months of declines, according to data released on Wednesday. The figure was up from over two-year low of 5.8% in November, the Paris-based organization said in a statement. Inflation went up […]<\/p>\n","protected":false},"author":84,"featured_media":55338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,4253,283,730],"class_list":["post-55339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-consumer-inflation","tag-mozambique","tag-oecd"],"yoast_head":"\nOECD annual inflation rises to 6% in December - Mozambique<\/title>\n<meta name=\"description\" content=\"Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area rose to 6% in Decembe ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OECD annual inflation rises to 6% in December\" \/>\n<meta property=\"og:description\" content=\"Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area rose to 6% in Decembe ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-07T16:50:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-07T17:49:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/02\/sm_1707314766.608187.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"OECD annual inflation rises to 6% in December\",\"datePublished\":\"2024-02-07T16:50:51+00:00\",\"dateModified\":\"2024-02-07T17:49:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december\"},\"wordCount\":208,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/02\/sm_1707314766.608187.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"consumer\u00a0inflation\",\"Mozambique\",\"OECD\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/oecd-annual-inflation-rises-to-6-in-december\",\"name\":\"OECD annual inflation rises to 6% in December - 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