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OECD released its consumer price inflation (CPI) data on Thursday. Consumer price inflation in the OECD area rose to 0.7% year-on-year in November from 0.6% in October.
Energy prices dropped at an annual rate of 10.0% in November, while food prices decreased to 1.2% in November from 1.5% in October.
CPI excluding food and energy in the OECD area remained unchanged an annual rate to 1.8% in November.
November's CPI was 0.4% in Germany, 0.3% in Japan, 0.2% in Italy, 0.5% in the U.S, 1.4% in Canada, and 0.1% in the U.K.
The consumer price inflation in Eurozone was 0.1% in November, while the inflation in China was 1.5%.
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