Consumer Prices, OECD - Updated: 2 July 2019

OECD annual inflation slows to 2.3% in May 2019

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2019-07-05

Annual inflation in the OECD area slowed to 2.3% in May 2019, from 2.5% in April, as energy price inflation dropped significantly to 2.4%, from 3.8% in April. Food price inflation however picked up to 2.5%, compared with 2.3% in April. Annual inflation excluding food and energy declined marginally to 2.1%, compared with 2.2% in Apri.

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Source: Organisation for Economic Co-operation and Development

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