In April, consumer prices rose 0.3% over the previous month, which was well below the 0.8% price rise recorded in March, and slightly below market analyst expectations of a 0.4% increase. The monthly reading mainly reflected an increase in prices for food and non-alcoholic beverages as well as for transportation. As a result of the subdued price increase, annual headline inflation eased from 3.4% in March to 3.2% in April. The core inflation index, which excludes volatile categories such as oil, fresh fruits and vegetables, rose also 0.3% over the previous month. As a result, annual core inflation remained unchanged at March's 2.4%. The Central Bank has a medium-term inflation target of 3.0%, with a 1% tolerance margin. However, on 4 April, the Bank sharply raised its inflation forecast for this year to 4.3% from the previous 3.3%, although it maintained its 3.0% forecast for the end of 2012.
Inflation eases in April
May 6, 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).