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Australia shares set to open lower, NZ shares flat



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Oct 1 (Reuters) -Australian shares were set to inch lower on Tuesday with energy stocks expected to fall on declining oil prices while traders look to Australian retail sales data due later in the day for more clarity on the central bank's monetary policy.

The local share price index futures YAPcm1 fell 0.385%, a 4.2- point premium to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.7% on Monday.

New Zealand's benchmark S&P/NZX 50 index .NZ50 traded flat by 2130 GMT.





Reporting by Rajasik Mukherjee in Bengaluru
Editing by Chris Reese

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