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

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

The development was reported about 16 minutes ago. The verified report states: CPI release comes ahead of Reserve Bank decision next.

It also reports: The Reserve Bank of Australia’s preferred measure of consumer. Additional details were limited in the initial verified material.