Australia’s inflation rise could light the fuse on an early election

The government’s popularity may pivot on Wednesday’s CPI figures and a pre-Christmas poll would be a prospect if it viewed the RBA’s job was done

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The fortunes of Australia’s economy – and political polling of the Albanese government – may well hinge on the strength of Wednesday’s inflation numbers.

Economists expect headline consumer prices in the June quarter will land at an annual rate of 3.8%, accelerating from 3.6% in the prior three months. Core inflation – known as the trimmed mean – will be steady at 4%, a Bloomberg survey found.

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from World news | The Guardian https://ift.tt/cVXwfdC