Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas
The Guardian Worldنشره المصدر: · رصدته أورنا:
Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3.5% Inflation has jumped to 4% in the year to August, from 3.5%, as Jim Chalmers was again forced to defend Labor’s economic management amid fears the Reserve Bank will need to hike interest rates again before Christmas.