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Inflation Rate in OECD Eases to 2.0%

posted by Avatar lazybug 695 days ago in Inflation

Consumer prices in the OECD area rose by 2.0 % in the year to May 2010, slightly down from 2.1% in April, mainly on slower energy price hikes. Excluding food and energy, consumer prices rose 1.3 % in May, unchanged from April, the OECD (Organisation for Economic Co-operation and Development). reported.
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