Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year

CPI release comes ahead of Reserve Bank decision next week as the Middle East conflict intensifies the cost-of-living crisis Follow our Australian politics live blog for latest updates Get our daily political email , free app or daily news podcast Australia’s headline inflation rate has accelerated to 4.3%, with a key gauge that strips out volatile prices also elevated, sharpening expectations of another interest…