Inflation in the OECD countries accelerated to 2.9% in July

107032

Consumer prices in the countries of the Organization for Economic Cooperation and Development rose by 2.9% in July in annual terms, after rising by 2.8% in June. The price of energy carriers increased by 11.1% against its growth of 10.4% in the previous month. At the same time, food prices increased by 1.8% in the same way as in June. Excluding food and energy prices, inflation accelerated to 2.1% from 2%. Acceleration of inflation was observed in Canada, France, Italy and Japan. In Germany, there was a slowdown in inflation from 2.1% to 2%. The growth rate of consumer prices accelerated in 19 eurozone countries from 2% to 2.1%, in the G20 - from 3.1% to 3.4%. Significant acceleration of inflation was noted in such emerging economies as Argentina - from 29.5% to 31.25, India - from 3.9% to 5.6%, and South Africa - from 4.4% to 5%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: