OECD Home › Economy › Consumer Prices, OECD - Updated: 4 September 2012
OECD annual inflation rate eases slightly to 1.9% in July 2012
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04/09/2012 - Annual inflation in the OECD area rose by 1.9% in the year to July 2012, down from 2.0% in the year to June 2012. This easing in the annual rate of inflation mainly reflects slower growth in energy and food prices. Energy price inflation continued to decelerate, falling to 0.7% in July (down from 1.4% in June), while food price inflation slowed to 2.3% in July, the lowest rate since September 2009, compared with 2.8% in June. Excluding food and energy, the OECD annual inflation rate was unchanged at 1.8% in July 2012.
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Consumer prices, selected areas |
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Link to underlying data - Source: Consumer price indices, OECD
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Next publication date: 2 October 2012 - See all release dates |
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More information on price indices at www.oecd.org/std/prices-indices
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