Mumbai, May 28 -- 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.

Published by HT Digital Content Services with permission from Capital Market....