Australia Inflation Rises Faster Than Expected in Latest Monthly Data
Australia’s inflation rate has surged unexpectedly, reaching 2.8% in July 2025, up from 1.9% in June, as reported by the Australian Bureau of Statistics. This marks the highest annual inflation since July 2024, surpassing economists’ forecasts of 2.3% The primary contributors to this inflation spike include significant increases in housing costs, food prices, and alcohol…