Consumer prices in the area of the Organization for Economic Cooperation and Development (OECD) rose by 2.1 percent in January 2011 year-on-yearly, unchanged from the figure in December, the Paris-based organization said Tuesday.
Energy and food prices continued to rise by 8.4 percent and 2.6 percent respectively in January 2011. The growths were at relatively high rates but broadly unchanged from December 2010, the agency said in its monthly report.
If excluding food and energy, the overall inflation rate of the OECD area stood at 1.3 percent in January compared with the inflation level registered a year earlier, slightly higher than a 1.2-percent increase in December.
Among the major seven advanced countries, the United Kingdom and Germany witnessed accelerated inflation rate to 4.0 percent and 2.0 percent in respective; while other states broadly recorded stable growth in prices over the same period, with 2.3 percent in Canada, 2.1 percent in Italy, 1.8 percent in France, 1.6 percent in the United States and 0.0 percent in Japan.
Year-on-year, the harmonised index of consumer prices in euro area rose to 2.3 percent, faster from 2.2 percent increase in December.
Compared to the previous month, consumer prices in the OECD area rose by 0.2 percent in January 2011./.