Westpac shares slide after CPI surprise in Australia as rate bets stay in focus
Westpac shares fell 1.75% to A$37.52, closing at the session low after softer November inflation data renewed interest-rate uncertainty. The trimmed mean inflation gauge rose 0.3% on the month and 3.2% year-on-year. National Australia Bank also dropped nearly 2%. The ASX 200 finished 0.15% higher, lifted by miners and healthcare stocks.