Inflation rose 1.4 per cent in the third quarter, following a 0.5 per cent rise in the second quarter, according to the Australian Bureau of Statistics
On an annual basis, inflation increased 2 per cent from a 1.2 per cent rise in the year to June, the ABS said. Economists forecast the inflation rate would tick up to 1.6 per cent in the year to September.
www.theage.com.au
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