On the local bourse, export-reliant miners .AXMM fell 0.5% with behemoths BHP Group Ltd BHP.AX, Rio Tinto Ltd RIO.AX and Fortescue Metals Ltd FMG.AX closing lower. By Nausheen Thusoo May 11 (Reuters) - Australian shares closed marginally lower on Thursday, their third consecutive session of losses, amid a drag in miners and as investors weighed the ramifications of a cooling, but still historically high U.S. inflation reading. Markets globally were influenced by the U.S. Labor Department's Consumer Price Index, which rose 4.9% in April from a year ago, compared with expectations of a 5% increase.