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OECD released its consumer price inflation (CPI) data on Tuesday. Consumer price inflation in the OECD area declined to 0.4% year-on-year in September from 0.6% in August.
Energy prices dropped at an annual rate of 12.4% in September, while food prices remained unchanged at 1.4% year-on-year.
CPI excluding food and energy in the OECD area rose to an annual rate of 1.8% in September from 1.7% in August.
September's CPI was 0.0% year-on-year in Germany, Japan and the U.S., 0.2% in Italy, 1.0% in Canada, and -0.1% in the U.K.
The consumer price inflation in Eurozone was -0.1% in September, while the inflation in China was 1.6%.
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