The Age
·general
·1 hour ago
Treasury forecasts Australian inflation hits 5 percent by mid-year, could reach 7
Australia's inflation is likely to hit 5 percent by mid-year and could surge to 7 percent by year-end if the Iran war pushes oil to $200 a barrel, Treasury analysis shows ahead of next week's budget. The forecast exceeds the Reserve Bank's 4.8 percent estimate.
Summary by Glance · The Age
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