Inflation in the Organization for Economic Co-operation and Development (OECD) member states has grown even steeper.

The consumer price index (CPI) of member countries for March this year, compiled by the OECD on the 8th, rose 2.4% from the same month last year.

It is an even steeper rise from 1.7% in February.

Above all, energy prices surged 7.4%.

Consumer inflation rose to just 0.7% in May last year, but rose to the 1% level in June. In the fourth quarter (October-December), it rose to 1.2% for three consecutive months and then rose to 1.6% in January this year. There is.

However, consumer prices excluding food and energy showed a relatively modest increase at 1.8% in March.

By country, the US consumer price increase rate jumped from 1.7% in February to 2.6% in March, as well as France (0.6%→1.1%), Germany (1.3%→1.7%), and the UK (0.7%→1.0%). Italy (0.6%→0.8%) and others showed an upward trend, and Korea also rose from 1.1% to 1.5% during this period.

However, Japan (-0.4%→-0.2%) still has negative prices.

Consumer inflation rates in major 20 countries (G20) countries jumped from 2.4% in February to 3.1% in March, reaching the 3% level for the first time since March last year (3.2%).

The recent rise in inflation is appearing as the global economy is trying to recover from the aftermath of Corona 19, so the market is paying attention to when to turn back the easing monetary policy that the central banks of major countries have implemented so far.

(Photo = Getty Image Korea)