OECD annual inflation slows marginally to 0.8% in July 2016

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2016-09-07

Annual inflation in the OECD area slowed to 0.8% in July 2016, compared with 0.9% in June. In the year to July, energy prices fell at a faster pace (-7.8%) than in the year to June 2016 (-7.1%), while food price inflation increased marginally to 0.1% in July, compared with 0.0% in June. Excluding food and energy, annual inflation was broadly stable at 1.8% in July 2016.

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Source: Organization for Economic Co-operation and Development

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