Asia-Pacific markets are set for a mixed open as inflation in the U.S. inflation rate in August came in hotter than expected, at 3.7% compared to economists' expectations of 3.6% in a Dow Jones survey.

Month-on--month, the consumer price index rose 0.6% in August, in line with expectations. In July, the CPI rose 3.2% year-on-year and 0.2% month-on-month.

However, excluding volatile food and energy costs, the core CPI rose 4.3%, in line with estimates and down from 4.7% in July. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term.
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