OECD annual inflation up to 2.8% in June 2018, driven by energy and food prices

2018-08-03

Annual inflation in the OECD area picked up to 2.8% in June 2018, compared with 2.6% in May. Energy prices increased by 10.4%, compared with 9.1% in the year to May, and food price inflation picked up to 1.8%, compared with 1.4% in May. Excluding food and energy, OECD annual inflation was stable at 2.0% in June 2018.

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Source: Organization for Economic Co-operation and Development