OECD annual inflation rate rises to 0.9 percent in June

Monday, 15 August 2016 15:25:09 (GMT+3)   |   Istanbul
       

The annual inflation rate of the 34 Organization for Economic Co-operation and Development (OECD) member countries increased slightly to 0.9 percent in June this year, compared to 0.8 percent in the previous month, according to the latest figures. 
 
The inflation in food prices decreased to 0.0 percent in June from 0.1 percent in the previous month, while energy prices fell by 7.1 percent compared to May.
 
Compared with the same month of 2015, annual inflation increased 0.2 percent in June in France, following the year-on-year rate of 0.0 percent recorded in May. In June, in Germany annual inflation rose to 0.3 percent from 0.1 percent in May. In the UK annual inflation increased to 0.5 percent compared to 0.3 percent recorded in May, while annual inflation was stable in Canada, in the US and in Japan at 1.5 percent, 1.0 percent and -0.4 percent, respectively, compared to the previous month. Meanwhile, in June in Italy annual inflation was down to -0.4 percent from -0.3 percent in May.

Similar articles

EUROMETAL: Germany leads the European economy

20 Jul | Steel News

EUROMETAL: Germany leads the European economy

20 Jul | Steel News