Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas

September 30, 2026 · 4:40 am 1 sources

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• Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas
  The Guardian · September 30, 2026 04:40
  Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3.5% Inflation has jumped to 4% in the year to August, from 3.5%, as Jim Chalmers was again forced to defend Labor’s economic management amid fears the Reserve Bank will…