Repo Rate

Unexpected Surge in Australian Inflation Rate

australian inflation rate

As April 2023 sees Australia’s inflation rates unexpectedly spike, key economic sectors and consumer prices are feeling the impact. Rising Inflation in Australia Surpasses Market Predictions April 2023 saw an unexpected surge in Australian inflation. According to new data released by the Australian Bureau of Statistics (ABS), the annual inflation rate escalated to 6.8%, an […]