Food inflation at 3.6 percent in the Organization for Economic Cooperation and Development
Fishermen and other producers have until Jan. 15 to apply for payments of up to $250,000 from the Seafood Trade Relief Program.
Annual inflation in the OECD area slowed slightly to 1.2% in October, compared with 1.3% in September2020. Energy prices declined by (minus) 7.7% in October, at a faster pace than in September (minus 6.5%), while food price inflation was stable at 3.6%. OECD annual inflation excluding food and energy also slowed slightly, to 1.6% in October 2020, compared with 1.7% in September.