Paris: Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area rose to 4.2% in June from 4% in May, according to data released on Tuesday.

According to Anadolu Agency, inflation increased in 21 of the 38 OECD countries, with significant rises of 0.5 percentage points in the Czech Republic, Estonia, and Sweden. Conversely, inflation declined in seven countries and remained stable or broadly stable in 10 others.

Year-on-year energy inflation in the OECD turned positive in June after being negative in the two preceding months, with energy inflation just below 1% in the OECD as a whole. However, 16 OECD countries still reported declines.

Food inflation in the OECD area was at 4.6% in June, with increases in 21 countries and decreases in 12. Core inflation, excluding food and energy, remained broadly stable at 4.5% in June.

In the Group of Seven (G7), annual inflation increased to 2.6% in June from 2.4% in May. The largest increases in headline inflation, at 0.3 percentage points, were recorded in France and the US, with services inflation rising in France and food inflation increasing in the US.

In the Group of 20 (G20), inflation remained stable at 3.9% in June. Headline inflation rose in China, despite staying close to zero, and consumer prices also climbed in Indonesia and South Africa. In contrast, consumer prices fell in India and remained broadly stable in Brazil and Saudi Arabia.

The eurozone saw annual inflation, as measured by the Harmonized Index of Consumer Prices (HICP), remain broadly stable at 2% in June. Eurostat's flash estimate for July 2025 indicated that year-on-year headline inflation in the euro area remained stable, with core inflation unchanged and energy inflation broadly stable. Year-on-year services inflation in the euro area was estimated to have slowed to 3.1% in July, from 3.3% in June.