OECD annual inflation picks up to 4.1% in June 2021
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4 Aug. 2021 – Year-on-year inflation in the OECD area increased to 4.1% in June 2021, compared with 3.9% in May. Inflation in the euro area was significantly lower than in the OECD area as a whole, and especially than in the United States. After three consecutive months of sharp increases, energy prices in the OECD area continued to rise at 17.4% in June, but at a slower pace than in May (at 19.4%) while food price inflation increased to 1.8%, compared with 1.4% in May. OECD annual inflation excluding food and energy also increased significantly to 3.2% in June, compared with 2.9% in May, the highest rate since March 2002.
Consumer prices, selected areas
June 2021, percentage change on the same period of the previous year, %
Source: Consumer price indices, OECD
Energy (CPI) and Food (CPI), selected areas
June 2019 – June 2021, percentage change on the same period of the previous year, %
OECD Chart: Inflation (CPI), Food, Annual growth rate (%), Monthly, Apr 2019 – Apr 2020 “>OECD Chart: Inflation (CPI), Energy, Annual growth rate (%), Monthly, Apr 2019 – Apr 2020
Source: Consumer price indices, OECD
Underlying data:
- OECD, annual inflation
- G20, annual inflation
- OECD countries, contributions to annual CPI inflation by COICOP Division, current month (xlsx)
- OECD countries, contributions to annual CPI inflation, selected components, historical series (xlsx)
- G7 & non-OECD countries, zone aggregates, inflations rates, historical series graphs (xls)
@OECD_STAT
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