Prolonged high petrol prices put pressure on inflation
Sea Legs general manager Declan Roche says prolonged high petrol prices are driving up the costs of getting his Brisbane brewery’s beer into the hands of customers.
Businesses and households across Australia have had to pay petrol prices of more than $2 a litre over the past fortnight, and the pain at the bowser is also putting more pressure on inflation and boosting the chances the Reserve Bank could raise interest rates again.
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