OECD annual inflation stable at 0.6% in July 2015
Annual inflation in the OECD area was stable at 0.6% in the year to July 2015, for the third consecutive month.
Consumer prices, selected areas
July 2015 percentage change on the same month of the previous year
Energy prices continued to fall in the year to July (by 9.5%), marginally faster than the 9.3% decline in June. Food price inflation slowed slightly to 1.3% in July, compared with 1.5% in June. Excluding food and energy, the OECD annual inflation rate was up slightly in July (to 1.7% compared with 1.6% in the previous month).
Source: Organization for Economic Co-operation and Development
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