Inflation reaches 12-year high
| Source: | ABC News |
|---|---|
| Published: | Wednesday, July 23, 2008 6:42 AEST |
| Expires: | Wednesday, August 20, 2008 6:42 AEST |
Inflation has surged to a 12-year high, dashing hopes of an interest rate cut in the coming months.
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AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)
