Strict measures: Police patrol Bondi Beach in Sydney. Authorities announced another month of lockdown due to rising Covid-19 cases. — AFP
SYDNEY: Australia’s consumer-price growth surged in the three months through June, joining a number of developed economies in recording a jump as a result of lockdown-induced weakness in the corresponding quarter of 2020.
Inflation accelerated to 3.8% in the second quarter from a year earlier, the fastest pace since 2008, compared with a median forecast of 3.7%, data from the Australian Bureau of Statistics showed yesterday.
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