Trademagazin > News and articles > Market News > Consumer price inflation has accelerated in OECD countries
Consumer price inflation has accelerated in OECD countries
In the member states of the Organization for Economic Co-operation and Development (OECD), consumer price inflation accelerated to 3.8 percent year-on-year in May from 3.3 percent in April. The figure was still 2.4 percent in March.
In May, energy prices rose at the fastest pace since September 2008, after rising 16.3 percent in April from a year before.
In May, however, the rise in food prices slowed to 1.4 percent from 1.6 percent year-on-year in April. (MTI)
Related news
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >Bank360: The government will introduce automatic inflation-tracking tax increases
The government is introducing automatic tax increases for several taxes.…
Read more >Butter thefts continue as a result of price increases
The Russian economy faces serious challenges as inflation accelerates and…
Read more >
More related news >
Related news
It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the…
Read more >Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to…
Read more >Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >