May 13 (Reuters) - Australian shares are set to open marginally lower on Thursday after stronger-than-expected U.S. inflation data set off further selling of growth stocks on Wall Street amid prospects of tighter monetary policy.
The local share price index futures YAPcm1 fell 0.4%, a 51.9-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark closed lower on Wednesday.
Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index .NZ50 fell 0.3% to 12,525.96 in early trade.