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AAP
AAP
Business
Adrian Black

UNCOVERED: Aussie shares edge higher as april inflation eases - Caught on Camera

Inflation United States RBA
The S&P/ASX200 has bounced on a softer than expected April inflation figure. (Joel Carrett/AAP PHOTOS)

Australia's share market has improved after cooler than expected inflation data took the pressure of the Reserve Bank to hike the interest rate for a fourth straight meeting.

The S&P/ASX200 rose 59.9 points on Wednesday, up 0.69 per cent, to 8,717.7, as the broader All Ordinaries jumped by 62.5 points, or 0.7 per cent, to 8,945.1.

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