Miners .AXMM led the losses, dropping 2.8%, with BHP BHP.AX down 1.7% and Fortescue Metals FMG.AX falling 5.2% in its sharpest decline in more than a week. U.S. consumer price data unexpectedly rose in August amid rising costs for rents and healthcare encouraging Fed to deliver a third 75 basis point rate hike next week to curb inflation, which is over the central bank's target of 2%. Weak bullion prices dragged gold stocks .AXGD 4.4% lower, making the sub-index the top percentage loser on the benchmark.