Annual inflation in OECD area edges up to 1.6% in July 2010
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31/08/2010 - Consumer prices in the OECD area rose by 1.6% in the year to July 2010, up from 1.5 % in June. This small increase mainly reflected developments in energy and food prices, which increased by 6.2% and 1.1% respectively in the year to July, compared with rises of 4.7% and 0.6% in June.
Excluding food and energy, consumer prices rose by 1.2% in the year to July 2010, down from 1.3% in June.
The next publication of the OECD Consumer price indices will be on 5 October 2010.
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or firstname.lastname@example.org; others should contact the Statistics Directorate on email@example.com.
Link to previous news releases
Consumer Price Indices (CPI) for OECD Countries and Major Non-Member Economies
OECD Main Economic Indicators (MEI)