19-March-2026
Economy News
 
Australia's Treasury Forecasts Higher Inflation, Bigger GDP Hit From Iran War in New Analysis
18-Mar-2026

New analysis from Australia's Treasury on Wednesday forecast higher inflation and a bigger economic hit from the ongoing conflict in the Middle East, that has unleashed a global oil shock and driven up commodity prices. The Treasury considered two scenarios in its latest analysis that incorporated lower global growth and higher prices for LNG, coal and fertilisers, said Treasurer Jim Chalmers.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-18/australias-treasury-forecasts-higher-inflation-bigger-gdp-hit-from-iran-war-in-new-analysis
 
 
 

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