Chile: Inflation decelerates in October from September
Latest reading: Consumer prices were up 3.4% on a year-on-year basis in October, following a 4.4% rise in the previous month.
Relative to the prior month’s figures, there were milder price pressures for food and non-alcoholic beverages (+3.1% on a year-on-year basis vs +4.9% in September) and housing, utilities and fuel (+6.9% vs +9.8% in September). In contrast, price pressures were higher for transportation in October (+0.8% vs +0.4% in September).
Meanwhile, core consumer prices were up 3.0% on a year-on-year basis in October, following a 3.4% rise in the previous month.
Finally, consumer prices were stable in October on a month-on-month basis, following a 0.44% rise in the prior month.