Consumer Prices, OECD - Updated 4 August

Download the entire news release (graphs and table included - PDF)

4 Aug. 2021 - Year-on-year inflation in the OECD area increased to 4.1% in June 2021, compared with 3.9% in May. Inflation in the euro area was significantly lower than in the OECD area as a whole, and especially than in the United States. After three consecutive months of sharp increases, energy prices in the OECD area continued to rise at 17.4% in June, but at a slower pace than in May (at 19.4%) while food price inflation increased to 1.8%, compared with 1.4% in May. OECD annual inflation excluding food and energy also increased significantly to 3.2% in June, compared with 2.9% in May, the highest rate since March 2002.

Consumer prices, selected areas

June 2021, percentage change on the same period of the previous year, %

Source: Consumer price indices, OECD

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

June 2019 - June 2021, percentage change on the same period of the previous year, %

Source: Consumer price indices, OECD

Underlying data:

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.