SBS Newsflash 31 July 2024: Annual inflation rate rises for first time since December 2022

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Treasurer Jim Chalmers has attempted to downplay new inflation figures from the Australian Bureau of Statistics which has reported the first annual increase since December 2022. Australia's inflation rate rose to 3.8 per cent in the year to June, up from 3.6 percent in March. Source: AAP / LUKAS COCH/AAPIMAGE

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