Accueil
Food and energy prices push OECD inflation to its highest rate since 2001
THE rise in inflation across the world is a big worry for central
bankers and policymakers. This week the OECD announced that consumer
prices for all items in its 30 member countries increased by 3.9% in
May compared with a year earlier, the highest rate since 2001. Energy
and food prices are the main contributors, rising by 14.6% and 6.1%
respectively in May. If these are excluded, the rise in prices is a far
more moderate 2.1%.
THE rise in inflation across the world is a big worry for central
bankers and policymakers. This week the OECD announced that consumer
prices for all items in its 30 member countries increased by 3.9% in
May compared with a year earlier, the highest rate since 2001. Energy
and food prices are the main contributors, rising by 14.6% and 6.1%
respectively in May. If these are excluded, the rise in prices is a far
more moderate 2.1%.
