World news brief
Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
NEWS DESKWorld
PUBLISHEDOct 28, 2026, 2:17 AM
What the source reports
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 another interest…
Main source: The Guardian World
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