OECD annual inflation stable at 0.6% in July 2015

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2015-09-02

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
CPI-500-09-15.fw_.jpg
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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