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Inflation Again Accelerates in the OECD Area
The Organization for Economic Cooperation and Development (OECD) in March 2022 published its January 2022 inflation statistics and confirmed the record-breaking figures of December 2021. Inflation in the OECD area rose to 7.2% in the 12 months to January 2022, compared with 6.6% in December 2021, and just 1.6% in January 2021. Similar to last month, this increase was driven in part by yet another surge in Turkey (to


