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AAP

Zac de Silva and Andrew Brown

Pre-Christmas rate relief dashed after inflation spike

Inflation Reserve Bank Amp Michelle Bullock

The latest inflation data has dealt a blow to mortgage holders' hopes of receiving a rate cut. (Aap Image/AAP PHOTOS)

Home owners are unlikely to receive further relief on interest rates for the rest of the year after a surge in inflation.

The latest figures showed headline inflation for the September quarter rose from 2.1 per cent to 3.2 per cent.

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