Economy

Consumer Prices, OECD - Updated: 6 November 2018

 

OECD annual inflation stable at 2.9% in September 2018

 

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

06/11/2018 - Annual inflation in the OECD area was stable at 2.9% in September 2018, for the third consecutive month. This stability however is the result of a significant increase of annual inflation in Turkey (24.5% in September, after 17.9% in August) and a slowdown in the OECD area excluding Turkey (2.2% in September, down from 2.4% in August[1]), mainly driven by lower inflation in Canada and the United States.

Energy prices, in the OECD area as a whole, rose at a slower pace, by 8.2% in September, compared with 10.2% in the year to August, while food prices rose by 2.3% in September, compared with 2.0% in August 2018. Excluding food and energy, OECD inflation increased to 2.3% in September, compared with 2.1% in August.

 

OECD annual inflation stable at 2.9% in September 2018‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌


[1] Please note that inflation figures for the OECD area excluding Turkey are not available on OECD.Stat.

 

Underlying data:  

OECD, annual inflation

 

 G20, annual inflation

Source: Consumer price indices, OECD

 

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@OECD_STAT

 

 

 

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