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ABS: Iran war drove higher living costs in Australia

Filed: May 06, 2026 at 4:03 AM ET
Summary: ABS data says increased living costs for all households were partly driven by the war in the Middle East.
WHO: Australian Bureau of Statistics
WHAT: ABS reports cost-of-living pressures partly driven by the Iran war
WHEN: May 06, 2026 at 3:30 AM ET
WHERE: Australia
WHY: The ABS attributed part of the cost-of-living increase to the war in the Middle East.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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