Inflation hits 4.6% high as economist warns homeowners to budget for 'more rate hikes' cover art

Inflation hits 4.6% high as economist warns homeowners to budget for 'more rate hikes'

Inflation hits 4.6% high as economist warns homeowners to budget for 'more rate hikes'

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 Inflation has hit its highest point since 2023, rising from 3.7 per cent to 4.6 per cent in March. New data from the Australian Bureau of Statistics (ABS) released on 29 April 2026, shows the Consumer Price Index (CPI) climbed 0.9 per cent, mostly driven by higher fuel prices linked to ongoing conflict in the Middle East. In this podcast, SBS Hindi speaks with economist Devika Shivadekar about what this means for consumers and which key signals they should be watching to get a sense of where inflation is heading next.
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