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OECD: Inflation Accelerates – August 2021 Data Published
The Organization for Economic Cooperation and Development (OECD) in October 2021 published its latest data about inflation. According to the OECD, the Consumer Price Index (CPI) continued upward, reaching 4.3% in August 2021 driven by energy and food prices. The new data point compares with 4.2% in July, continuing the upward trend beginning in December 2020. In the euro area, annual inflation picked up strongly to 3.0% in August


