Cost of living worsens as Australia’s inflation rate reaches 6.1%

By Rhea Laxmi Nath · 27 July 2022 · News

Cost of living worsens as Australia’s inflation rate reaches 6.1%

Australia's Inflation Rate Hits a 30-Year High: What's Next?

The cost of living in Australia is taking a drastic turn. Find out how the latest inflation rate affects your wallet and what experts are saying about the future.

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Summary

New data by the Australian Bureau of Statistics reveals the inflation rate has increased to 6.1 per cent, the highest since 1990.