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Fri 05 May 2007Ireland's inflation double average rate, says OECDIreland's inflation rate of 5.1 per cent is more than double the average rate for leading industrialised countries, according to data released yesterday.Inflation figures for March, produced by the Organisation for Economic Co-operation and Development (OECD), show inflation in the 30 member group averaging 2.4 per cent in the month, when measured by the Consumer Price Index (CPI). This compares to 2.1 per cent in February.