Inflation could hit worst rate since 1990

By Kaaren Morrissey
Updated July 27 2022 - 6:22am, first published 12:42am
Food and fuel costs will be the main drivers of inflation in the June quarter. (Diego Fedele/AAP PHOTOS)

Australia could be about to record its worst inflation outcome in more than 31 years, paving the way for higher mortgage and lending rates.

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