Economic Buzz: Australia Inflation Rises 7.3% On Year In Q3

27 Oct 2022 , 11:11 AM

Consumer prices in Australia surged 7.3 percent on year in the third quarter of 2022, the Australian Bureau of Statistics said on Wednesday – accelerating from 6.1 percent in the previous three months. On a seasonally adjusted quarterly basis, inflation climbed 1.8 percent – unchanged from the second quarter but above estimates for 1.6 percent. Powered by Commodity Insights