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Chile Inflation November 2019

Chile: Inflation stable at a 10-month high in November

Consumer prices rose 0.1% over the previous month in November, down from a 0.8% jump in October. According to Statistical Institute, November’s softer result chiefly reflected a decline in prices for housing and basic services. In addition, core consumer prices declined 0.2% (October: +0.6%).

Inflation logged 2.5% in November, matching October’s result which marked the highest print since December 2018. Meanwhile, core inflation eased to 2.5 (October: 2.6%).

Annual average inflation came in at 2.2%, matching October’s result.

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