Prices and purchasing power parities (PPP)

Learn more

  • Inflation or Consumer price Index (CPI)?

    Inflation is a rise in the general level of prices of goods and services that households acquire for the purpose of consumption in an economy over a period of time.

    Read more
  • What are PPPs?

    PPPs are the rates of currency conversion that equalize the purchasing power of different currencies by eliminating the differences in price levels between countries. In their simplest form, PPPs are simply price relatives that show the ratio of the prices in national currencies of the same good or service in different countries.

    Read more
  • Methodological Guide for Developing Producer Price Indices for Services (SPPI)

    This second edition of the SPPI Guide is a complement to the International Producer Price Index Manual published by the IMF in 2004 in two ways: it focuses on service-specific aspects in the PPI compilation by developing further the conceptual framework and it adds detailed descriptions of PPI measurement for a wide range of individual service industries.

    Read more

What's new

OECD annual inflation picks up to 2.2% in August 2017, driven by food and energy prices

Consumer prices
August 2017,  percentage change on the same month of the previous year


03/10/2017 - Annual inflation in the OECD area increased to 2.2% in August 2017, compared with 2.0% in July 2017. This increase was mainly driven by energy price inflation which accelerated to 5.9% in the year to August, compared with 3.7% in July. Food price inflation also increased, but only marginally, to 1.8% in August, compared with 1.7% in July.     



Behind the numbers

Statistical references

More on methodology