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AAP
AAP
Business
Adrian Black

Aussie shares slip as hot inflation points to rate hike

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Australia's share market has edged lower after the release of the latest inflation figures. (Dean Lewins/AAP PHOTOS)

Australian shares have snapped a three-session winning streak after hotter-than-expected inflation numbers ratcheted up bets on an incoming interest rate hike.

The S&P/ASX200 fell 7.7 points on Wednesday, down 0.09 per cent, to 8,933.9, as the broader All Ordinaries dropped 17.9 points, or 0.19 per cent, to 9,250.6.

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