# Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year

- Source: Guardian World
- Published: 2026-10-28T01:03:24+00:00
- Category: World
- Original: https://www.theguardian.com/australia-news/2026/oct/28/inflation-rate-australia-2026-number-data-consumer-price-index-cpi-release
- Canonical: https://groundlevelnews.com/story/australia-s-inflation-rate-rises-to-4-3-fuelling-fears-of-fifth-intere-452124/

CPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies the cost of living crisis Follow our Australian politics live blog for latest updates Get our daily political email , free app or daily news podcast Australia’s headline inflation rate has accelerated to 4.3%, with a key gauge that strips out volatile prices also elevated, sharpening expectations of

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._