EconomyAustralia’s inflation rises to 4.3%, fuelling fears of a fifth rate hike this year
Australia’s headline inflation reached 4.3%, while underlying inflation was 3.6% in the year to September. The figures have strengthened expectations of another Reserve Bank rate rise next week. The official rate is already 4.6%, its highest in 15 years, as households face rising costs and unemployment increases.
TThe Guardian★★★☆☆2026-10-28 00:36Original
Australia’s inflation rises to 4.3%, fuelling fears of a fifth rate hike this year
Economy