In August, consumer prices rose 0.2% over the previous month, which was above both the 0.1% price rise recorded in July and market analysts' expectations of a 0.1% rise. The monthly reading mainly reflected higher prices for clothing and footwear as well as for healthcare, which were only partially offset by lower prices for recreation and culture. Annual headline inflation rose from 2.9% in July to 3.2% in August, nudging above the Central Bank's target of 3.0%. The core inflation index, which excludes volatile categories such as oil, fresh fruits and vegetables, inched 0.2% higher over the previous month. Annual core inflation rose from 2.0% in July to 2.3% in August. The Central Bank expects inflation to end the year at 4.0%, before moderating to 3.0% by the end of 2012.
Chile Monetary Policy
Inflation edges above the Central Bank?s target in August
September 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).