Positive signals for the global economy: Annual inflation in the OECD area at 2.4%

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Annual inflation in the OECD area increased to 2.4% in April 2017, from 2.3% in March.

Annual inflation rose sharply in Italy (1.9% in April compared to 1.4% in March), Germany (2.0% compared to 1.6%), and the United Kingdom (2.7% compared to 2.3%), and more slightly in Japan (0.4% compared to 0.2%) and France (1.2% compared to 1.1%).


Annual inflation increased in most major economies of the G7 zone but slowed in the United States (2.2% in April compared to 2.4% in March) and remained stable in Canada (1.6%).

Annual inflation in the G20 area rose to 2.4% in April, from 2.3% in March. In the emerging economies of the G20, annual inflation increased in Indonesia (4.2% compared to 3.6%) and China (1.2% compared to 0.9%).

Conversely, it decreased in the Russian Federation (4.1% compared to 4.2%), Saudi Arabia (-0.6% compared to -0.4%), India (2.2% compared to 2.6%), Brazil (4.1% compared to 4.6%), and South Africa (5.2% compared to 6.1%).

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