Economy

Consumer Prices, OECD - Updated: 3 November 2016

 

OECD annual inflation increases to 1.2% in September 2016, driven by energy prices

 

Download the entire news release (graphs and table included - PDF)

 

03/11/2016 - Annual inflation in the OECD area rose to 1.2% in September 2016, compared with 0.9% in August. This increase in the annual rate of inflation was mainly driven by energy prices which fell at a slower pace (-2.8%) in the year to September, than in the year to August 2016 (-6.7%). On the other hand, food prices decreased somewhat more in September: -0.4%, compared with -0.1% in August. Excluding food and energy, annual inflation was stable at 1.8% in September, for the third consecutive month.

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Underlying data:  

OECD, annual inflation

 

 G20, annual inflation

Source: Consumer price indices, OECD

 

 

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