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Name: Inflation explained with Ricardo Goncalves
Uploaded: 2022-04-27T02:54:05.933Z
Duration: 1 min 57 s
Description: The annual rate of inflation has soared to its highest level since 2001, fuelled by rising petrol prices and higher dwelling construction costs, the latest Australian Bureau of Statistics figures show. SBS Finance Editor, Ricardo Goncalves, breaks down the inflation figures and explains why they're under the spotlight.

Inflation explained with Ricardo Goncalves

Published 27 April 2022, 2:38 am

The annual rate of inflation has soared to its highest level since 2001, fuelled by rising petrol prices and higher dwelling construction costs, the latest Australian Bureau of Statistics figures show. SBS Finance Editor, Ricardo Goncalves, breaks down the inflation figures and explains why they're under the spotlight.