SMH
·general
·3 hours ago
Grim warning for workers with inflation set to hit a three-year high
Australia's inflation is projected to reach a three-year high, with estimates suggesting a surge to 5.4 percent by mid-2023. More than 120,000 workers could face unemployment as growth slows to 1 percent amid rising prices. Analysts predict the March consumer price index could reveal a monthly increase of up to 1.5 percent due to soaring petrol costs.
Summary by Glance · SMH
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