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'Unfortunate kick in the guts' as inflationdata increases RBA rate hike risk

Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.

Read full story on ABC News Australia
Kate Ainsworth26 Aug 2026, 03:50 amUpdated 1h ago1 min readAsiaAustralia
'Unfortunate kick in the guts' as inflation data increases RBA rate hike risk

AustraliaKate Ainsworth

Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.

This report is published with credit to ABC News Australia. The wire sent a summary; open the original for any extra context. Read on ABC News Australia

Source: ABC News Australia · Kate Ainsworth. Published 26 Aug 2026, 03:50 am.

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