Annual inflation in the OECD accelerated to 4.2 percent in September

By: Trademagazin Date: 2025. 11. 06. 13:20

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The annual average increase in consumer prices in the member countries of the Organization for Economic Co-operation and Development (OECD) accelerated to 4.2 percent in September from 4.1 percent in August, the Paris-based organization said on its website.

In September, inflation accelerated in 17 of the 38 OECD countries, slowed in 7, while the rate of price increases remained unchanged in 14 countries.

The highest inflation was recorded in Turkey, at 33.3 percent. Colombia and Estonia also recorded inflation rates above 5 percent. In Costa Rica, prices fell by 1 percent, while in Switzerland they rose by only 0.2 percent.

Food prices in OECD countries rose by 5 percent, the same as in August. The rise in energy prices accelerated to 3.1 percent from 0.8 percent in August.

So-called core inflation, which excludes food and energy prices, slowed to 4.2 percent in September from 4.4 percent in August.

In the G7 countries, inflation accelerated to 2.8 percent in September from 2.7 percent in August.

In the OECD, consumer prices rose by 5.2 percent last year, after 6.8 percent in 2023. Food price increases slowed to 4.6 percent from 10.4 percent a year earlier. Energy prices rose 0.6 percent last year after falling 0.9 percent in 2023. Core inflation was 5.7 percent in 2024 after 7 percent the previous year.