OECD annual inflation nudges up to 2.0% in July 2017

 

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05/09/2017 - Annual inflation in the OECD area picked up to 2.0% in July 2017, compared with 1.9% in June 2017. This slight increase was mainly driven by energy prices which rose by 3.7% in the year to July compared with 3.0% in June. Food price inflation also increased marginally, to 1.7% in July, compared with 1.6% in June. Excluding food and energy, inflation was stable at 1.8% for the third consecutive month.

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Underlying data:  

OECD, annual inflation

 

 G20, annual inflation

Source: Consumer price indices, OECD

 

• Consumer prices FAQs
• Next publication date: 3 October 2017 - See all release dates
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• Link to previous news releases
• More information on price indices at www.oecd.org/std/prices-indices

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