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04.08.2021 13:11 News >> OECD Annual Inflation Picks Up To 4.1% In June

OECD Annual Inflation Picks Up To 4.1% In June

Annual inflation, excluding food, energy, rises to 3.2% in June, says Organization for Economic Cooperation and Development.

Consumer prices inflation in the Organization for Economic Cooperation and Development (OECD) area rose 4.1% year-on-year in June, the body said on Wednesday. The figure in May was 3.9%.
After three consecutive months of sharp increases, energy prices in the OECD area continued to rise at 17.4% in June, while food price inflation climbed to 1.8%, compared to 1.4% in May.
The OECD annual inflation excluding food and energy also rose significantly to 3.2% in June, compared with 2.9% in May, the highest since March 2002.
The OECD is an intergovernmental economic organization with 38 member countries. It was founded in 1961 to stimulate economic progress and world trade. -



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