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AAP

Business

Derek Rose

HISTORICAL FACTS: Aust shares down slightly despite easing inflation | History Defined

IG Inflation the Australian Bureau of Statistics

Six of the ASX's 11 sectors finished higher, four lost ground and materials was flat (Steven Saphore/AAP PHOTOS)

The local bourse has finished basically where it began the day, treading water as a cooler-than-expected inflation readout reinforced the case that the Reserve Bank is done hiking rates.

The benchmark S&P/ASX200 index on Wednesday closed down 2.6 points, or 0.03 per cent, to 7,660.4, while the broader All Ordinaries dipped 5.1 points, or 0.06 per cent, to 7,918.1

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