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%.
Author: Nicolás J. Aguilar, Economist