Year-on-year inflation in the OECD fell to 4 per cent in May 2025, its lowest since June 2021.
Despite easing inflation, average prices remain 33.7 per cent above December 2019 levels.
Core inflation dropped to 4.4 per cent, with declines in most member countries.
G7 inflation held at 2.4 per cent, while euro area inflation eased to 1.9 per cent. G20 inflation dipped to 3.9 per cent.
Despite easing inflation, average prices remain 33.7 per cent above December 2019 levels.
Core inflation dropped to 4.4 per cent, with declines in most member countries.
G7 inflation held at 2.4 per cent, while euro area inflation eased to 1.9 per cent. G20 inflation dipped to 3.9 per cent.
