OECD annual inflation rate steady at 1.6% in August 2010
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Consumer prices in the OECD area rose by 1.6% in the year to August 2010, the same inflation rate as in July. Growth in energy prices slowed down to 4.8% in August compared with 6.2% in July, while consumer prices for food rose by 1.4% compared with 1.1% in July.
Excluding food and energy, the annual inflation rate held steady at 1.2 % in the year to August 2010.
Consumer prices, selected areas
Link to underlying data - Source: Consumer price indices, Main Economic Indicators, OECD
The next publication of the OECD Consumer price indices will be on 2 November 2010.
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