Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Inflation in OECD countries in June updated the maximum in 34 years


August, 03 2022
watermark Economic news

Inflation in the countries of the Organization for Economic Cooperation and Development (OECD*) jumped by 10.3% in annual terms in June after rising by 9.7% a month earlier. Such figures reflected the maximum rate of price increases since June 1988.


The acceleration of inflation in June was recorded in almost all countries except Germany, Japan and the Netherlands. The highest inflation was recorded in Turkey (+78.6%), the lowest in Japan (2.4%).


The growth in the cost of energy in the OECD countries accelerated to 40.7% in June from 35.4% in May. Food prices jumped 13.3% after rising 12.6% in May.


Core inflation (consumer prices excluding the cost of food and energy) rose by 6.7% in June after rising by 6.4% a month earlier.


In the G7 countries, inflation rose to 7.9% from 7.5% in May, in the G20 countries – to 9.2% from 8.9%.


Inflation in the eurozone increased to 8.6% in June from 8.1% in May. At the same time, core inflation slowed from 3.8% in May to 3.7% in June. 


*The OECD was established in 1961. Today, the organization is one of the leading economic organizations in the world, which includes 38 states. The OECD headquarters is located in Paris.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.