Consumer Prices, OECD - Updated: 1 September 2009

Consumer prices in OECD area fell 0.6% on year in July 2009

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01/09/2009 - Consumer prices in the OECD area fell by 0.6 % in the year to July 2009, compared with a fall of 0.1% in the year to June. Month-on-month, prices decreased by 0.2% in July, compared with a rise of 0.4% in June 2009.
Consumer prices for energy were down by 18.1% in the year to July 2009, following a fall of 15.5% in June. Consumer prices for food were up by 0.6% in the year to July, compared with 1.8% in June. Excluding food and energy, consumer prices rose by 1.6% in the year to July 2009, compared with 1.7% in June 2009.

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Link to Consumer price indices for OECD countries and major non-member economies (data in index and in percentage change on the same period of the previous year).

The next publication of the OECD Consumer price indices will be on 1st October 2009

Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org.

Link to previous news releases