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
The Hungarian pasta market is undergoing serious transformation
Changes in habits are fundamentally reshaping the Hungarian pasta market,…
Read more >Hungary’s economic vulnerability: causes, consequences and possible solutions
The economic developments of recent years have once again drawn…
Read more >NGM: the government welcomes the fact that commercial banks are also participating in the fight against price increases
The government welcomes the fact that commercial banks are voluntarily…
Read more >
More related news >
Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >