Consumer Prices, OECD – Updated 3 September

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03/09/2020 – Annual inflation in the OECD area picked up slightly to 1.2% in July 2020, compared with 1.1% in June. Energy prices decreased less in July (minus 8.4%) than in June (minus 9.5%) while food price inflation slowed to 3.8%, compared with 4.6% in June. OECD annual inflation, excluding food and energy, also picked up slightly, to 1.7% in July 2020, compared with 1.6% in June.

Consumer prices, selected areas

July 2020, percentage change on the same period of the previous year, %

Source: Consumer price indices, OECD

Energy (CPI) and Food (CPI), selected areas

July 2018 – July 2020, percentage change on the same period of the previous year, %

Source: Consumer price indices, OECD

Underlying data:

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