Markets rallied following a weaker than expected inflation print. Photo: NewsWire/ Gaye GerardAustralia's dollar slumped and stocks closed at a five-month high after a softer than expected inflation figure reduced the likelihood of further interest rate pain. Wednesday's market rally was broad based as all 11 sectors finished higher, led by healthcare and consumer stocks. Markets rallied following a weaker than expected inflation print. Meanwhile, the all-important trimmed mean inflation rate held steady at 3.6 per cent.