OECD annual inflation edges up to 0.9% in August 2016

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2016-10-06

Annual inflation in the OECD area rose to 0.9% in August 2016, compared with 0.8% in July. In the year to August, energy prices fell at a slower pace (-6.7%) than in the year to July 2016 (-7.8%), while food prices fell by -0.2% in August, compared with a rise of 0.1% in July. Excluding food and energy, annual inflation was stable at 1.8% in August 2016.

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Source: Organization for Economic Co-operation and Development

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