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Canberra inflation rises above the national average to 4.7 per cent

By ChordNews · First written

'Impossible to get ahead': Canberra inflation rate rises above national average
Image: abc.net.au
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Summary

The ACT's inflation rate jumped to 4.7 per cent in the 12 months to September, above the national average. Households are curbing costs, and some Canberra business owners say they have lost customers and cannot afford wages.

This continues an earlier story: Australia's inflation rate rises to 4.3%, raising expectations of another interest rate hike

Timeline

  1. ABC

    Source ↗

    ABC reports that the ACT's inflation rate rose to 4.7 per cent in the 12 months to September, and that some Canberra business owners, with households cutting costs, have been left without customers and unable to afford wages.

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