Browsing: core inflation

The inflation rate across OECD nations decreased to 4.2% in June 2026 from 4.6% in May, halting a streak of three consecutive monthly increases. This indicator measures the yearly variation in consumer prices among the member states of the group. While inflation fell in 20 economies, six saw increases, and 12 remained stable or experienced minimal change. Nine OECD countries reported inflation at or below 2%, with three of those recording rates below 1%.

In July, the growth rate of consumer prices in Belgium unexpectedly accelerated, reversing a recent deceleration and placing additional financial strain on households and businesses. The national statistical agency Statbel released official figures Thursday indicating that Belgium’s annual inflation rate topped forecasts, climbing to 3.56 percent in July from 3.40 percent in June. This notable rise outpaced the 3.37 percent forecast published by the Federal Planning Bureau, fueled by persistent increases in costs related to utilities, recreation, and transportation. The consumer price index increased by 0.63 percent month-on-month, reaching 103.60 points from 102.95 points in June.

South Korea reported 3.1 percent May inflation as petroleum products surged and transport prices recorded the sharpest category rise.

China’s CPI rose 1% in March from a year earlier, while monthly prices fell and producer prices returned to growth.

South Korea’s inflation rose 2.2% in March as higher oil costs lifted transport prices, while falling food prices helped keep the increase below forecasts.

Bank of Korea held rates at 2.5% and launched dot plot guidance as it lifted 2026 growth forecast and flagged housing, debt and won risks.

Tokyo data showed Japan’s January CPI rose 1.5% year on year, below the BOJ 2% target, with core inflation at 2.0% and energy costs down 5.2%.

Egypt core inflation eased to 11.2% year on year in January, while headline inflation slipped to 10.1% and monthly CPI rose 1.5%, official data showed in Cairo.

South Korea inflation slows as January CPI rises 2.0% y/y, with core inflation at 2.0% and transport costs falling, official data shows after 2.3% in Dec. 2025.

Bank of Japan held its benchmark rate at 0.75% after December’s hike, voting 8-1, while updating growth and inflation forecasts and citing food prices in Tokyo.