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OECD inflation falls to 7.7 pc in March 2023, as energy inflation continues to drop

Paris [France], May 6 (ANI/WAM): Year-on-year inflation in the OECD, as measured by the Consumer Price Index (CPI), fell to 7.7 per cent in March 2023, down from 8.8 per cent in February 2023 and from 10.7 per cent peak in October 2022.
Returning to its February 2022 level, the decline in inflation was broad-based, with inflation between February and March 2023 moderating in 34 of the 38 Organisation for Economic Co-opera