Chile’s Consumer Prices Rise More than Expected in August
Food and transportation led price gains as annual inflation climbed above the central bank’s 2% to 4% target, INE said.
6 Articles
6 Articles
The Consumer Price Index (CPI) recorded a monthly variation of 0.6% in August, accumulating 3.6% so far this year and bringing inflation to 12 months to 4.1%, according to the National Institute of Statistics (INE). The result surprised the market, which expected an advance close to 0.3%. Nine [...]
Chile's consumer prices rose much higher than expected in August, driven by food and transportation, according to a published report just as the central bank prepares to decide on interest rates.
Santiago de Chile, Sep 8 (Latin Press) The National Institute of Statistics (INE) today reported that inflation in Chile during August rose by 0.6 points, a result above that projected by specialists and the market. The post Inflation in Chile was in August above what was expected first appeared on Noticias Prensa Latina.
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