# Fears grow of fourth Australian rate hike after higher-than-expected July inflation

https://mins.news/en/item/32699

- The Guardian, 2026-08-26 06:44 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/aug/26/fears-grow-for-fourth-rate-hike-after-higher-than-expected-july-inflation-rate

> Australia’s consumer prices rose 3.5% in the year to July, easing from 3.8% but exceeding economists’ 3.3% forecast. Underlying inflation remained at 3.6%, increasing expectations that the Reserve Bank may raise rates again this year, possibly as early as September, after holding the cash rate at 4.35%.