CompaniesChanticleerChanticleerThe market’s optimism about inflation is running on fumesDon’t pop the champagne just yet. Expiring fuel relief and soaring oil prices mean further RBA interest rate increases are still on the table.Business is having a whale of a time passing on higher fuel costs to customers.It is driving up prices, underwriting Australia’s third inflation wave in four years and making the RBA’s job of managing inflation and inflation expectations even harder.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Financial servicesFetching latest articlesMost Viewed In Chanticleer