Annual inflation rate in developed economies rose in August

Note: This section contains information in English only.
Source: The Wall Street Journal
The annual inflation rate in developed countries climbed for the first time in a year in August, with the main reason being a sharp increase in energy prices. Figures released by the OECD indicated that consumer prices in 34 member states rose by 2% in 12 months to August. The inflation rate also surged in some large developing countries, such as India and Russia, as well as China and South Africa.  

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