Business2 sources
Australia's Inflation Rate Rises to 4.3% in September
- Australia's inflation rate has risen to 4.3% in September.
- A key gauge that excludes volatile prices is also elevated, intensifying inflation concerns.
- The rise in inflation comes ahead of the Reserve Bank's decision next week.
- The Middle East conflict is exacerbating the cost-of-living crisis in Australia.
- There are heightened expectations of a fifth interest rate hike this year.
Articles (5)
The Guardian·
Electricity, insurance and eggs: see how has life in Australia got more expensive
Jim Chalmers is blaming Australia’s accelerating inflation on Trump – but voters aren’t buying it
Inflation is ‘too high’, but RBA says Australia is not heading for recession – video
The Wall Street Journal·
Australia’s Inflation Continued to Accelerate in September
Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year