Fresh produce is seen on display at a grocery store in Sydney, Australia, on March 25, 2025. Lisa Maree Williams/Getty ImagesThe Reserve Bank of Australia (RBA) expects that the headline inflation will peak at 4.8 percent in this June quarter.During her speech at the Bloomberg Forum for Investment Managers on May 19, RBA Assistant Governor Sarah Hunter said the Iran conflict was exacerbating inflation in Australia through multiple channels.
RBA Forecasts Inflation to Peak at 4.8 percent in June Quarter
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