Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
CPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies the cost of living crisis Australia’s headline inflation rate has accelerated to 4.3%, with a key gauge that strips out volatile prices also elevated, sharpening expectations of another interest rate rise next week. The Reserve Bank of Australia’s preferred measure of consumer prices, called underlying inflation, came in at an annual 3.6% to September.
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The GuardianSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-28. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.