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Chile: Inflation falls to over one-year low in August
Latest reading: Inflation ticked down to 4.0% in August from July’s 4.3%. August’s figure marked the lowest inflation rate since April 2024 and was at the top of the Central Bank’s 2.0–4.0% target range. Looking at the details of the release, price pressures for clothing and housing eased in August.
Annual average inflation was unchanged at July’s 4.5% in August. Meanwhile, core inflation fell to 3.4% in August from July’s 3.8%.
Lastly, consumer prices rose 0.04% from the previous month in August, which was below the 0.87% increase logged in July.
