The OECD was slightly more optimistic about the global economy than previously, although its improved 2024 forecast of a 2.9% expansion in global output still marks a slowdown from 3.1% in 2023.

PARIS, 4th July, 2025 (WAM) – Year-on-year inflation in the OECD as measured by the Consumer Price Index (CPI) declined to 4.0% in May 2025, from 4.2% in April. This marks the lowest level since ...

The OECD’s inflation forecast for 2025 has been revised upward to 4.2 per cent from 3.7 per cent in earlier projections, with inflation expected to remain above 3 per cent in 2026 as well.