The ASX200 spiked more than 1.2% on the release key inflation data and has been trading at 8,055 points – bringing the bourse back to record territory on its best day in five weeks. The June Quarter inflation data aligns with analyst’s consensus and was unchanged at 1%, but annual inflation climbed from 3.6% to 3.8%. The market was unbothered and partially discounted the risk of a rate hike in August. All sectors are in the green as the market roars to life. Information Technology is leading the charge up 1.8%, followed by Energy 1.7% and Real Estate 1.5%. Company NewsRio Tinto (ASX:RIO) is tr…