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Reserve Bank's cash rate increase leaves households fearing further grocery price hikes

RBA Inflation Interest Rates David Robertson Australia Bendigo Bank

Shopping and eating healthily is a priority for Annie Griffiths, as she and her son Ryan have each had heart surgery. (Supplied: Annie Griffiths)

Annie Griffiths is counting the increasing cost at the checkout of each weekly shop as the Reserve Bank of Australia (RBA) hikes interest rates for the 11th time to bring inflation under control.

The RBA today increased the cash rate target by 25 basis points to 3.85 per cent — a decision that will affect the budget of many Australian households.

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