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Inflation hits 30-year high in OECD area

Inflation hits 30-year high in OECD area

The annual inflation in the Organization for Economic Cooperation and Development (OECD) rose by 6.6% in December 2021, the highest rate since July 1991.  The figure was 5.9% in November 2021 and 1.2% in December 2020, according to the data released by the OECD.  The surge mainly stemmed from the annual inflation jump in Turkey...