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Annual inflation in the OECD area fell to 1.5 % in the year to June 2010 compared with 2.0% in May amid a slowdown in energy price rises. Annual energy inflation slowed to 4.7% in June compared with 11.0% in May.
Merchandise trade volumes for the G7 countries as a whole continued to grow in the first quarter of 2010, but at a slower pace than in the fourth quarter of 2009.
The unemployment rate for the OECD area fell slightly to 8.6% in May 2010 from 8.7% in April.
OECD composite leading indicators (CLIs) for May 2010 continue to point to an expansion but with stronger signals of a slowing pace of growth than in last month's assessment.
Real GDP in the OECD area grew by 0.6% in the first quarter of 2010 compared with the last quarter of 2009. Stockbuilding was the main contributor to OECD GDP growth for the third consecutive quarter.
Consumer prices in the OECD area rose by 2.0 % in the year to May 2010, slightly down from 2.1% in April.