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
Aotearoa Delegation of the Global Sumud Flotilla: The Global Sumud Flotilla Remains Undeterred As Over 30 Boats Depart For Türkiye
UN Special Procedures - Human Rights: Israel Must Immediately Release Gaza-Bound Flotilla Activists, Say UN Experts
IPMSDL: Condemn The Killing Of Children, Bombing In Manipur, And Violent Repression Of People’s Protests
Médecins Sans Frontières: Three Years On, Outbreaks Everywhere - MSF Urges Boost To Sudan’s Vaccination Programs
UN News: Uncertainty Continues Over Safety In The Strait Of Hormuz
Australian Museum: Celebrate Sir David Attenborough's 100th Birthday With The Australian Museum