Wages growth key to whether Australia inflation rise sustained -RBA - NewsBreak

Home > Business
By Gesard in Business
Updated 3 years ago

SYDNEY, Oct 22 (Reuters) - The Reserve Bank of Australia is closely watching a spike in inflation, with Governor Philip Lowe saying on Friday he did not think the rise would be sustained unless it led to sustainably higher wages growth. Headline inflation rates around the world have risen as...

wages-growth-key-to-whether-australia-inflation-rise-sustained-rba-newsbreak