Westpac analyzed inflation trends and increased operating costs resulting from the war in the Middle East.
3 reports, 2 independent
Updated Aug 25
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What happened
Westpac analyzed inflation trends and increased operating costs resulting from the war in the Middle East.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Operational cost inflation is being exacerbated due to the ongoing conflict in the Middle East, based on findings from NIQ and CGA.Sub-event
Westpac reports that the Middle East war is driving up operating costs and imported inflation.1 source
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The entities involved
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Westpac
Australian bank and financial-services provider
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- ASB forecasts an inflation rebound in Q4, noting that the Middle East war is lifting fuel and transport costs.
- Andrew Hauser discussed Australian inflation issues, noting that the conflict in the Middle East is driving price increases.
- FED raises rates amid Middle East conflict, driving inflation and impacting mortgage rates and homebuilders sentiment.
- Operational costs driven by the conflict in the Middle East are causing increases in diesel prices.
- Conflict in the Middle East is weighing on prices, reported by Statistics Canada.