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Statistics: Annual inflation rate in OECD eases slightly to 2.0% in May 2010

Tue, 06/29/2010 - 5:25am
OECD

Annual inflation rate in OECD eases slightly to 2.0% in May 2010

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29/06/10 - Consumer prices in the OECD area  rose by 2.0 % in the year to May 2010, slightly down from 2.1% in April. This small decrease in inflation rates mainly reflected the slowing down of energy prices, which increased by 11% in May, compared with 12.1% in April. Excluding food and energy, consumer prices rose by 1.3 % in May, unchanged from April.

Food prices rose by 0.5% in the year to May 2010, the third consecutive monthly increase following a long period of negative rates between September 2009 and February 2010.

Consumer prices, selected areas

May 2010, percentage change on the same month of the previous year

Click here to access underlying data

Link to underlying data - Source: Consumer price indices, Main Economic Indicators, OECD

The next publication of the OECD Consumer price indices will be on 3 August 2010.

Contacts

For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org.

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