Arab Today, arab today oecd inflation in leading economies slows in july
Last Updated : GMT 06:27:22
Arab Today, arab today
Arab Today, arab today

OECD: Inflation in leading economies slows in July

Arab Today, arab today

Arab Today, arab today OECD: Inflation in leading economies slows in July

People are seen carrying their shopping bags in Hamburg
Paris - AFP

Inflation in advanced democracies slowed in the year to July but was well above the eurozone level now flirting with deflation, OECD data showed on Tuesday.
Inflation across the OECD 34 members was 1.9 percent in the year to July from 2.1 percent in June.
This is a sharp fall from one month to the next, but still leaves inflation around the level of 2.0 percent which central banks in advanced economies consider to be appropriate for ensuring reasonable price stability.
"This slowdown in the annual rate of inflation was mainly driven by lower energy prices," the Organisation for Economic Cooperation and Development said in a monthly estimate.
The assessment comes as the ECB and the Bank of England hold meetings on monetary policy this week.
In the eurozone, the European Central Bank is believed to moving slowly towards a further relaxation of  monetary conditions. The latest official data shows that eurozone inflation has fallen to just 0.3 percent.
The Bank of England meanwhile is expected to tighten monetary conditions sometimes next year, although a recent easing of price pressures in Britain has delayed this prospect.
The eurozone, however, is now perilously close to deflation, a climate of falling prices which can cause businesses and consumers to delay purchases, further reducing demand, pushing up unemployment and therefore holding down prices.
With the exception of France -- where growth was stable at 0.5 percent -- "annual inflation slowed in all major OECD economies in July 2014," the OECD said.
Inflation in the United States eased to 2.0 percent from 2.1 percent, in Britain to 1.6 percent from 1.9 percent, and in Japan to 3.4 percent from 3.6 percent, the OECD calculated.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oecd inflation in leading economies slows in july Arab Today, arab today oecd inflation in leading economies slows in july

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oecd inflation in leading economies slows in july Arab Today, arab today oecd inflation in leading economies slows in july

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday