Inflation in top industrialised countries jumps to 3.3pc
Annual inflation in some of the world's leading industrialised nations jumped to 3.3 percent in November from 2.8 percent in the 12 months to October, fuelled by increases in food and energy prices, the OECD said on Tuesday.
Excluding food and energy, consumer prices were up 2.0 percent in the year to November from 1.9 percent in October, according to the Organisation for Economic Cooperation and Development, which groups 30 of the world's most influential economies.
Consumer prices for energy rose an annual 13.3 percent in November after 8.5 percent in October, while those for food were up 4.6 percent compared with 4.1 percent in October.
Twelve-month inflation came to 3.1 percent in November in the eurozone after 2.6 percent in October, 4.3 percent after 3.5 percent in October in the United States and 0.6 percent after 0.3 percent in Japan.
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