Scoop has an Ethical Paywall
OECD Annual Inflation Surges To 3.8% In May 2021
Year-on-year inflation in the OECD area increased to 3.8% in May 2021, compared with 3.3% in April. Energy prices rose by 18.6% in May, the highest rate since September 2008, compared with 16.3% in April. Nevertheless, food price inflation continued to slow to 1.4%, compared with 1.6% in April. Developments in energy and food prices are largely related to base year effects and to the impact of the COVID-19 pandemic a year ago. OECD annual inflation excluding food and energy also increased significantly to 2.9% in May, compared with 2.4% in April, the highest rate since August 2002.
See the full release.
See the tables and charts in Excel.
Advertisement - scroll to continue reading
Visit the interactive OECD Data Portal to explore these data
Advertisement - scroll to continue reading
UN News: Healing Page By Page In Earthquake-affected Türkiye
Save The Children: Rate Of Attacks On Healthcare in Gaza Higher Than In Any Other Conflict Since 2018
UN News: Green Light For New Cholera Vaccine, Ukraine Attacks Condemned, Action Against Racism
Laureus: Grand Slam Champion Garbiñe Muguruza Announces Retirement Ahead Of Laureus World Sports Awards
Carbon Market Watch: Going For Green - Is The Paris Olympics Winning The Race Against The Climate Clock?
New Zealand Defence Force: NZDF Working With Pacific Neighbours To Support Solomon Islands Election