Inflation continues to surgeYear-on-year inflation in the OECD area climbed to 9.6% in the year to May 2022, compared with 9.2% in April. Food price inflation in the OECD continued to surge, reaching 12.6% in May 2022 compared with 11.5% in April. Energy price inflation jumped to 35.4% year-on-year in May 2022, up from 32.9% in April. Excluding food and energy, year-on-year inflation increased to 6.4% in May 2022, compared with 6.2% in April 2022. > Explore the Consumer Price Index (CPI)

Source: Daily Nation July 11, 2022 18:54 UTC