End-of-day summary:
The share market overcame early weakness after inflation cooled less than expected last month.
The ASX 200 finished little changed, up two-tenths of a point a traders bought a mid-session 62-point dip.
Gains for supermarkets, property trusts and banks cancelled out declines among resource producers, tech companies, industrials and telcos.
The market finished off its low as investors mulled whether warmer-than-expected July inflation data changed the outlook for interest rates. Headline annual inflation cooled to 3.5% from 3.8% in June as government energy rebates came into force. Economists had predicted a deeper contraction to 3.4%.
US stocks inched higher overnight in cautious trade ahead of a trading update tomorrow morning from AI bellwether Nvidia. The S&P 500 and Nasdaq gained 0.16%.
