(Reuters) - Unemployment is falling and central banks need to remain on guard as inflation risks mount due to increases in the cost of food, commodities and shipping, the Paris-based OECD said in a twice-yearly report on international economic prospects.
"The current economic situation is in many ways better than what we have experienced in years," chief economic Jean-Philippe Cotis said.
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"The current economic situation is in many ways better than what we have experienced in years," chief economic Jean-Philippe Cotis said.
Read more at Reuters.com Business News
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