OECD annual inflation stable at 2.9% in September 2018
Download the entire news release (graphs and table included – PDF)
06/11/2018 – Annual inflation in the OECD area was stable at 2.9% in September 2018, for the third consecutive month. This stability however is the result of a significant increase of annual inflation in Turkey (24.5% in September, after 17.9% in August) and a slowdown in the OECD area excluding Turkey (2.2% in September, down from 2.4% in August[1]), mainly driven by lower inflation in Canada and the United States.
Energy prices, in the OECD area as a whole, rose at a slower pace, by 8.2% in September, compared with 10.2% in the year to August, while food prices rose by 2.3% in September, compared with 2.0% in August 2018. Excluding food and energy, OECD inflation increased to 2.3% in September, compared with 2.1% in August.
[1] Please note that inflation figures for the OECD area excluding Turkey are not available on OECD.Stat.
Underlying data:
OECD, annual inflation
G20, annual inflation
Source: Consumer price indices, OECD
@OECD_STAT
