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Chile: Inflation falls to over one-year low in June
Latest reading: Inflation came in at 4.1% in June, down from May’s 4.4%. June’s figure marked the weakest inflation rate since April 2024 but was still slightly above the Central Bank’s 2.0–4.0% target range. Looking at the details of the release, prices for food and housing increased at a slower pace in June.
The trend was unchanged, with annual average inflation coming in at May’s 4.5% in June. Meanwhile, core inflation rose to 4.0% in June from May’s 3.7%.
Finally, consumer prices fell 0.41% from the previous month in June, contrasting May’s 0.19% increase. June’s result marked the weakest reading since December 2023.
