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OECD annual inflation nudges up to 2.9% in July 2018

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04/09/2018 - Annual inflation in the OECD area increased to 2.9% in July 2018, compared with 2.8% in June. Energy prices rose by 11.1% in July, compared with 10.4% in the year to June while food price inflation was stable at 1.8%. Excluding food and energy, OECD annual inflation increased to 2.1% in July, compared with 2.0% in June 2018. 

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Underlying data:  

OECD, annual inflation

 G20, annual inflation

Source: Consumer price indices, OECD

• Consumer prices FAQs
• Next publication date: 2 October 2018 - See all release dates
• Contacts: for further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org
• Link to previous news releases
• More information on price indices at www.oecd.org/std/prices-indices

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@OECD_STAT