In October, consumer prices rose 0.5% over the previous month, which mirrored the result recorded in September but overshot market analysts' expectations, which had prices increasing by just 0.3%. The monthly reading mainly reflected higher prices for food and non-alcoholic beverages, as well as for transport. Annual headline inflation rose from 3.3% in September to 3.7% in October, which is above the Central Bank's target of 3.0%, and marks the highest level since April 2009. The core inflation index, which excludes volatile categories such as oil, fresh fruit and vegetables, inched 0.3% higher over the previous month. As a result of the monthly increase, annual core inflation edged up from 2.2% in September to 2.5% in October. The Central Bank expects inflation to end the year at 3.3%, before moderating to 2.9% by the end of 2012.
Inflation accelerates in October on higher food prices
November 8, 2011
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Chile Economic News
October 12, 2016
In September, the Adimark GfK consumer confidence index (IPEC, Índice de Percepción de la Economía) rose slightly, inching up from August’s record-low of 31.5 points to 33.4 points.
October 7, 2016
In September, consumer prices rose 0.2% over the previous month, which came in above August’s flat reading.
October 6, 2016
In Q3, the mood among Chilean businesses improved and reached the highest level in a year.
October 5, 2016
For a third consecutive month, the mood among Chilean businesses improved in September after it had fallen to the lowest level in over seven years in June.
October 5, 2016
In August, economic activity rose 2.5% over the same month last year, according to the monthly indicator for economic activity (IMACEC).