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By Byron Kaye and Sameer Manekar
(Reuters) - Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and warned on Thursday that tariffs ordered by U.S. President Donald Trump may spur inflation.
The owner of Australia's biggest hardware chain, Bunnings, and budget department store chain Kmart also said the country's first interest rate cut in five years, announced this week, would help households but alone could not end high livi...
>>> Read more: Australia's Wesfarmers sees tariff inflation risk as profit beats forecast
(Reuters) - Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and warned on Thursday that tariffs ordered by U.S. President Donald Trump may spur inflation.
The owner of Australia's biggest hardware chain, Bunnings, and budget department store chain Kmart also said the country's first interest rate cut in five years, announced this week, would help households but alone could not end high livi...
>>> Read more: Australia's Wesfarmers sees tariff inflation risk as profit beats forecast