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Inflation in January at 9.2% in the OECD zone in Italy drops to 10%

2023-03-07T11:31:22.623Z


Compared to 9.4% in the previous month, in Italy it was 11.6% in December (ANSA)  In the OECD area in January 2023 inflation decreased slightly in January, to 9.2%, against 9.4% in the previous month, while in Italy it fell to 10% against 11.6% in December. Falls in inflation, the OECD specifies , were recorded between December 2022 and January 2023 in half of the countries adhering to the Parisian body, against two thirds between November and December. The highest rates are


 In the OECD area in January 2023

inflation

decreased slightly in January, to 9.2%, against 9.4% in the previous month, while in Italy it fell to 10% against 11.6% in December.

Falls in inflation,

the OECD

specifies , were recorded between December 2022 and January 2023 in half of the countries adhering to the Parisian body, against two thirds between November and December.

The highest rates are reported in Hungary, Latvia, Lithuania and Turkey (over 20% for the aforementioned countries).

After the peak observed in June 2022, energy price inflation also continued to fall to the OECD level, albeit at a slower pace than the previous month, the organization specifies.

Energy inflation reached 16.4% in January 2023, the lowest level since March 2021, after 18.2% in December.

The decline in energy inflation, the OECD specifies, is partly due to the change in energy price fixing policies in the Netherlands (introduction of a ceiling on energy prices) and in Italy (reduction in regulated prices of energy products).

Food price inflation also fell, to 15.2% in January, after 15.6% in December at the OECD level.

However, according to the Parisian organization, food and energy inflation continues to represent the "main driver of inflation in France, Italy and Japan".

In the eurozone, inflation fell to 8.7% in January versus 9.2% in December.

In the G20 countries, 

Source: ansa

All life articles on 2023-03-07

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