"Inflation across the OECD increased to 4.0% in March 2026, up from 3.4% in February, primarily due to a significant rise in energy costs."
"Energy inflation surged by 8.6 percentage points, reaching 8.1%, the highest since February 2023, with most OECD countries experiencing rising inflation."
"The G7 saw headline inflation increase from 2.1% to 2.8% in March, with every member country recording an increase in inflation."
"Preliminary estimates for April suggest further upward pressure, with euro area inflation expected to reach 3.0%, driven by rising energy costs."
Inflation across the OECD increased to 4.0% in March 2026, up from 3.4% in February, primarily due to a significant rise in energy costs. Energy inflation surged by 8.6 percentage points, reaching 8.1%, the highest since February 2023. Most OECD countries experienced rising inflation, with the G7 seeing an increase from 2.1% to 2.8%. The euro area also reported inflation rising to 2.6%, with energy inflation at 5.1%. Preliminary estimates for April indicate further upward pressure on inflation.
Read at London Business News | Londonlovesbusiness.com
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