OECD annual inflation edges up to 2.1% in May 2014

EIROforum's picture
Printer-friendly versionPrinter-friendly version

Download the entire news release (PDF 65KB)


01/07/2014 - Consumer prices in the OECD area increased by 2.1% in the year to May 2014, compared with 2.0% in the year to April 2014. This slight increase in the annual rate of inflation was mainly driven by energy and food prices which increased by, respectively, 3.4% and 2.2% in May, compared to 2.7% and 2.0% in April. These increases mask diverging patterns across countries: lower energy and food prices in the EU OECD countries and higher in non-EU OECD countries. Excluding food and energy, the OECD annual inflation rate declined slightly from 2.0% in April to 1.9% in May.

Consumer prices, selected areas
May 2014 percentage change on the same month of the previous year


Underlying data:  

OECD, annual inflation


 G20, annual inflation

Source: Consumer price indices, OECD




Consumer prices FAQs



Next publication date: 29 July 2014 - See all release dates



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.



Link to previous news releases



More information on price indices at www.oecd.org/std/prices-indices
Copy this html code to your website/blog to embed this press release.


Post new comment

5 + 9 =

To prevent automated spam submissions leave this field empty.