Despite the rebound in energy and food prices, inflation in OECD countries remained consistent at 4.1% in August 2025. This is according to a recent report from the Organisation for Economic Cooperation and Development, which was released in Paris and covers the August quarter. Consumer prices in the eurozone, including Italy, remained constant at 2%, with a little decrease in energy prices and an acceleration in food prices. The OECD reports that headline inflation increased in 15 of the 38 member countries, decreased in 13, and remained unchanged in the remaining 10. Overall, price growth continues to be driven by the “core” component — inflation net of food and energy — which stood at 4.3% (-0.1 points compared to July). The G7 average rate remained constant at 2.7%, with minor increases in Canada, Germany, and the United States, and a reduction in Japan. In Europe, the harmonized HICP rate of the euro area remained fixed at 2% for the third consecutive month. For Italy, which falls into this category, the OECD observes a trend consistent with the European Central Bank's objective and one of the most moderate among large industrialized countries.