After August's CPI, economists predict that annual inflation could close the year above 4.5% - La Tercera

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After August's CPI, economists predict that annual inflation could close the year above 4.5% - La Tercera

The Consumer Price Index (CPI) for August was within expectations. The 0.3% recorded in the eighth month of the year led to cumulative inflation in 2024 reaching 3.4% and rising from 4.6% to 4.7% in twelve months in its reference series and from 4.4% to 4.6% in the series that the Central Bank looks at for monetary policy. According to the INE, this increase is mainly explained by the increase in the food and non-alcoholic beverage division (0.5…