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OECD annual inflation steady at 2.9% in September 2018
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06/11/2018 – Annual inflation within the OECD space was steady at 2.9% in September 2018, for the third consecutive month. This stability nevertheless is the results of a big improve of annual inflation in Turkey (24.5% in September, after 17.9% in August) and a slowdown within the OECD space excluding Turkey (2.2% in September, down from 2.4% in August[1]), primarily pushed by decrease inflation in Canada and the USA.
Vitality costs, within the OECD space as a complete, rose at a slower tempo, by 8.2% in September, in contrast with 10.2% within the yr to August, whereas meals costs rose by 2.3% in September, in contrast with 2.0% in August 2018. Excluding meals and vitality, OECD inflation elevated to 2.3% in September, in contrast with 2.1% in August.
[1] Please notice that inflation figures for the OECD space excluding Turkey will not be out there on OECD.Stat.
Underlying knowledge:
Supply: Consumer price indices, OECD
@OECD_STAT
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