Brisbane Times
·general
·1 hour ago
Australia's inflation hits three-year high, Westpac warns of rising unemployment
Inflation in Australia surged to a three-year high of 4.6 percent in March, driven by rising oil prices linked to ongoing Middle Eastern conflicts. This increase has sparked fears of further economic strain, with Westpac predicting unemployment may rise to 5 percent by year’s end, resulting in an additional 120,000.
Summary by Glance · Brisbane Times
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