Although the decline is only one tenth
MADRID, 6 Sep. (EUROPA PRESS) -
The inflation of the set of countries belonging to the Organization for Economic Cooperation and Development (OECD) stood at 10.2% last July, which represents a drop of one tenth with respect to the previous month, according to informed this Tuesday the club of countries.
The OECD has detailed that this is the first drop in the price increase figure since November 2020. In July, the number of countries in the group that registered double-digit price increases went from 13 to 15.
Energy prices slowed their rise to 35.3% in July, compared to 40.7% in June. This lower increase in energy prices was offset by a 14.5% rise in food prices, which is 1.2 points more than the rate of increase in June.
In this way, core inflation, which is obtained by discounting energy and food prices due to their greater volatility, stood at 6.8% in the seventh month of the year, three tenths more than in June.
The highest rate of inflation was registered in Turkey, with an increase of 79.6%, followed by Estonia (22.9%), Lithuania (21.6%) and Latvia (21.5%). No country registered deflation, so the lowest rates of price increases could be observed in Japan (2.6%), Switzerland (3.4%) and Israel (5.2%).