LatinNews Daily - 11 April 2022

In brief: Monthly inflation in Chile at highest level since 1993

* Chile’s national statistics institute (INE) has announced that monthly inflation reached 1.9% in March, its highest level since 1993. The increase brings year-on-year inflation to 9.4%, its highest since 2008. Monthly inflation was particularly pronounced in the categories of education (6.6%) and food and non-alcoholic drinks (3.9%). The latest figures come after Chile’s central bank (BCCh) updated its 2022 inflation forecast on 30 March to predict that annual inflation could peak at 10% later this year before falling to 5.6% by December, with average yearly inflation in 2022 expected to be around 8.2%.

End of preview - This article contains approximately 99 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.