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Wednesday, October 28, 2026Updated 07:38 UTC

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

Source: Guardian World · Oct 28, 2026 01:03 UTC

City lights along the Mediterranean Sea at night, seen from the International Space Station — File photo NASA · Public domain · Source

The Quick Take

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

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Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Guardian World.