Australia inflation meets expectations at 3.6%, reaching a six-quarter high

Activity on Elizabeth Street (at the intersection of Bourke St Mall), Melbourne on a cloudy day.Australia's inflation came in at 3.6% in the fourth quarter of 2025, its highest level in six quarters, reinforcing warnings from policymakers that interest rate cuts this year are likely to be limited.The fourth-quarter reading was in line with expectations from economists polled by Reuters and up from the 3.2% seen in the third quarter. On a quarterly basis, inflation rose 0.6%, also matching the Reuters foreca ...