Broadcast Executive Summary
Borrowers could be facing a 17-year cash rate high in less than a week. A hotter than expected inflation reading for September has pushed the chance of a Melbourne Cup day rate rise to 90 per cent. Annual inflation rose in September from four percent to 4.3 per cent The measure the RBA watches closely that strips out the most volatile prices items in the basket, underlying inflation, rose to 3.6 per cent. Housing was among the biggest contributors to inflation, up over five per cent, driven by the cost of new builds and higher electricity prices. And transport costs rose more than eight percent, as fuel prices surged more than nine percent du | Region: Tehran, Iran)
Geospatial & Sector Context (TEHRAN, IRAN)
This live video report focuses on developments unfolding in TEHRAN, IRAN (MIDDLE EAST) within the MARKETS & ECONOMY sector. Our geospatial monitoring system tracks real-time broadcast updates at coordinates 35.62°N / 51.47°E to provide immediate visual and editorial context for global readers and analysts.