Rising petrol costs fuel inflation spike

By Colin Brinsden, Aap Economics and Business Correspondent
Updated July 28 2021 - 2:10pm, first published 2:06pm
The annual rate of inflation has jumped to 3.8 per cent in the year ended June, the ABS reports.
The annual rate of inflation has jumped to 3.8 per cent in the year ended June, the ABS reports.

The annual rate of inflation has soared to 3.8 per cent, its highest level in more than a decade and well above the Reserve Bank's two to three per cent target band.

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