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Australian markets end slightly lower after inflation data

28-May-25 15:48 Hrs IST

Australian markets ended slightly lower after the release of stronger-than-expected inflation data for April. The benchmark S&P/ASX 200 dipped 0.13 percent to 8,396.90, dragged down by banks and miners. The broader All Ordinaries index ended little changed at 8,624.90.

Australia's consumer prices registered a steady increase in April, the Australian Bureau of Statistics reported Wednesday.

The monthly CPI indicator rose 2.4 percent year-on-year in April, the same as seen in March and February. Annual trimmed mean inflation climbed to 2.8 percent in April from the 2.7 percent in March.

24,750.70 -82.90 (-0.33%)

81,451.01 -182.01 ( -0.22%)

55,749.70 203.65 ( 0.37%)

37,321.75 -432.40 ( -1.15%)

42,240.69 120.99 (0.29%)

5,933.08 23.53 (0.40%)

38,097.61 -335.37 (-0.87%)

8,716.45 -9.56 (-0.11%)

85.43 0.12 (0.15%)

96.59 -0.28 (-0.29%)

115.15 -0.33 (-0.28%)

0.59 0.00 (-0.46%)