OECD annual inflation slows marginally to 0.8% in July 2016

Tags:
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.

CPI-500-09-16.fw_.jpg

Source: Organization for Economic Co-operation and Development

  • 227 reads