Inflation in the member countries of the Organization for Economic Cooperation and Development (OECD) averaged 4.3 per cent in August.
That was an increase from 4.1 per cent in July.
Twenty-three countries had increases, 12 held steady and three had lower inflation than a year ago.
Year-on-year energy inflation averaged 13.6 per cent in August while food inflation declined to 2.8 per cent from 3.2 per cent in July.
The OECD said Canada’s inflation rate was three per cent in August.
