"Year-on-year headline inflation in the G7 area was broadly stable at 2.4% in December 2025, after 2.5% in November. Headline inflation declined by 0.8 percentage points (p.p.) in Japan, partly driven by the introduction of new subsidies for gasoline and diesel. This decrease also reflected a base effect, as energy prices had increased significantly in December 2024 due to the withdrawal of previous energy subsidies."
"Year-on-year headline inflation in the OECD as measured by the Consumer Price Index (CPI) remained broadly stable at 3.7% in December 2025, compared with 3.8% in November 2025. Headline inflation declined in 13 OECD countries, rose in 9, and remained stable or broadly stable in 16. Food inflation and core inflation (i.e. inflation less food and energy) in the OECD showed little change while energy inflation fell. Average price levels across the OECD as a whole were almost 36% higher in December 2025 than they were in December 2019."
Year-on-year headline CPI inflation in the OECD was broadly stable at 3.7% in December 2025, compared with 3.8% in November 2025. Headline inflation declined in 13 OECD countries, rose in nine, and remained stable or broadly stable in 16. Food inflation and core inflation showed little change across the OECD, while energy inflation fell. Average price levels across the OECD were almost 36% higher in December 2025 than in December 2019. In the G7, headline inflation was broadly stable at 2.4%, with notable declines in Japan and Germany and a rise in Canada. In the euro area, HICP headline inflation fell to 1.9% in December 2025 and energy inflation declined to minus 1.9%.
Read at London Business News | Londonlovesbusiness.com
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