OECD inflation down to 5.7% in January, in Italy it rises to 0.8% - Breaking news. Inflation in the OECD area decreased from 6% in December 2023 to5.7%.

The strongest declines (of one percentage point or more) are reported in the Czech Republic, Slovakia, Hungary, Austria and Iceland. In the G7, inflation fell to 2.9%, the lowest level since April 2021. However, the Italian figure remains the lowest of the entire G7.