The OECD reported a drop in YoY inflation to 5.6 per cent in June 2024, the lowest since October 2021.
Headline inflation fell in 24 of 38 OECD countries, staying below 2 per cent in nine.
Energy inflation decreased to 2.3 per cent.
G7 inflation dropped to 2.7 per cent.
Euro area inflation was stable at 2.5 per cent.
G20 inflation fell to 7 per cent.