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AAP
AAP
Politics
Dominic Giannini

Treasurer hopes worst of inflation is over

Jim Chalmers Inflation Sky News
Treasurer Jim Chalmers warns China's economic performance will have a big impact on Australia. (Jason O'BRIEN/AAP PHOTOS) (AAP)

The peak of the inflationary spike causing a cost-of-living squeeze for households could be behind the Australian economy.

Fresh quarterly inflation figures are due out this week and Treasurer Jim Chalmers says he's hoping price increases will moderate after ramping up last year.

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