On Friday August 11th the OECD published the Annual Inflation Rates rates of its member countries plus several other countries as well. Noticeably absent is Argentina. The OECD included the following footnote: Data for Argentina are currently not available due to the state of emergency in the national statistical system declared by the government of Argentina on 07 January 2016. As a consequence, Argentina is not included in the calculation of the G-20 aggregate. The policy regarding the inclusion of Argentina will be reconsidered in the future depending on further developments. In November 2015, Mauricio Macri was elected in Argentina under the platform of reforming the government of … [Read more...]
OECD Annual Inflation Rate Steady at 1.6% in August 2010
It takes a bit longer to compile the inflation information for a variety of countries so we are just getting information for August from the Organisation for Economic Co-operation and Development (OECD) for their member countries. Consumer prices in the OECD area rose by 1.6% in the year to August 2010, the same inflation rate as in July. Growth in energy prices slowed to 4.8% in August compared with 6.2% in July, while consumer prices for food rose by 1.4% compared with 1.1% in July. Excluding food and energy, the annual inflation rate held steady at 1.2 % in the year to August 2010. To calculate the U.S. inflation rate between any two dates use our Inflation Calculator. … [Read more...]
