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Annual inflation in the OECD area eased to 2.0% year-on-year in July 2007
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04/09/2007 - Consumer price inflation in the OECD area fell to 2.0% in the year to July 2007 from 2.2% in the year to June 2007. On a monthly basis, the price level remained stable in July after a 0.1% increase between May and June 2007.
Consumer prices for energy rose by 0.8% year-on-year in July, compared with 2.9% in June. Consumer prices for food were up by 3.4% year-on-year in July, unchanged compared with June. Excluding food and energy, consumer prices rose by 2.0% in the year to July, unchanged compared with June 2007...etc.
The next publication date of the OECD Consumer price indices will be on 2 October 2007
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.
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