The annual inflation rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries remained at 0.6 percent in June this year, compared to the previous month, according to the latest figures.
The inflation rate of energy prices continued to fall in June, declining to 9.3 percent from 9.8 percent recorded in May, while inflation in food prices slowed to 1.5 percent in June from 1.6 percent in the previous month.
Compared with the same month of the previous year, inflation increased to 0.1 percent in June in the United States, following the year-on-year rate of 0.0 percent recorded in May, while in Canada inflation rose to one percent in June after the 0.9 percent rise in the previous month. In June, annual inflation in Italy increased to 0.2 percent, from 0.1 percent, and in the UK it decreased to 0.0 percent, down from 0.1 percent recorded in May. In France the annual inflation in June was stable at 0.3 percent and in Germany annual inflation saw a more severe change, falling to 0.3 percent in June, compared to 0.7 percent in May. Meanwhile, annual inflation decreased slightly in Japan to 0.4 percent in June, after the 0.5 percent year-on-year increase recorded in May.