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AAP

Business

Colin Brinsden, AAP Economics and Business Correspondent

Business pressured by rising costs: ABS

RBA Inflation Scott Morrison

Scott Morrison has embarked on a media blitz to defend his government's economic management. (AAP)

It's not just Australian households that are suffering from the largest spike in inflation in more than 20 years.

New figures found well over half of businesses are experiencing cost pressures and only a few had been able to pass on these increases to their customers in full.

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