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Annual inflation in the OECD area at 2.2% in May 2007
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03/07/2007 - In the OECD area, consumer prices rose by 2.2% in the year to May 2007, unchanged compared with the year to April 2007. On a monthly basis, the price level rose by 0.4% in May 2007 after 0.5% between March and April 2007.
Consumer prices for energy rose by 2.6% year-on-year in May, compared with 1.9% in April. Consumer prices for food were up by 3.4% year-on-year in May, compared with 3.6% in April. Excluding food and energy, consumer prices rose by 2.1% in the year to May, unchanged compared with April 2007.
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The next publication date of the OECD Consumer price indices will be on 31 July 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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