Chile Inflation October 2019

Chile

Chile: Inflation rises to 10-month high in October

November 8, 2019

Consumer prices rose 0.8% in October, after seeing no growth in September. According to the national statistical institute, prices for housing and transport saw the largest increases. Meanwhile, core consumer prices rose 0.6%, up from 0.1% in September.

Inflation logged 2.5% in October, accelerating from September’s 2.1% and marking the highest print since December 2018. Similarly, core inflation rose to 2.6% (September: 2.3%).

Annual average inflation, meanwhile, came in at 2.2%, marginally below September’s 2.3%.

FocusEconomics Consensus Forecast panelists expect inflation to end 2020 at 2.8%, which is unchanged from last month’s forecast. The panel sees inflation ending 2021 at 2.9%.


Author:, Economist

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Chile Inflation Chart


Chile Inflation October 2019

Note: Year-on-year and monthly variation of consumer price index in %.
Source: Chile National Statistical Institute (INE).


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