In July, consumer prices rose 0.1% over the previous month, which was below the 0.2% price rise recorded in June, but matched market analysts' expectations. The monthly increase mainly reflected higher prices for healthcare as well as for housing, which were partially offset by lower prices for recreation and culture. As a result of the subdued price increase, annual headline inflation dropped from 3.4% in June to 2.9% in July, below 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. Despite the increase, annual core inflation fell from 2.4% in June to 2.0% in July. In its last quarterly inflation report from June, the Bank lowered its year-end inflation expectation from 4.3% to 4.0%, before moderating to 3.0% by the end of 2012.
Inflation decelerates in July below the Central Bank's target
August 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).