Economy

Consumer Prices, OECD - Updated: 3 October 2017

 

OECD annual inflation picks up to 2.2% in August 2017, driven by food and energy prices

 

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

 

03/10/2017 - Annual inflation in the OECD area increased to 2.2% in August 2017, compared with 2.0% in July 2017. This increase was mainly driven by energy price inflation which accelerated to 5.9% in the year to August, compared with 3.7% in July. Food price inflation also increased, but only marginally, to 1.8% in August, compared with 1.7% in July. Excluding food and energy, inflation was stable at 1.8% for the fourth consecutive month.

Consumer prices, selected areas, August 2017, percentage change on the same month of the previous year‌‌‌‌‌‌‌‌‌‌‌‌

Underlying data:  

OECD, annual inflation

 

 G20, annual inflation

Source: Consumer price indices, OECD

 

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@OECD_STAT

 

 

 

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